"On that note, I posted elsewhere that there had been an overall increase in holdings by some of the top shareholders in the list of 30 provided weeks ago by you. Perhaps these larger holders may well be in a position to step in and buy more than enough to make life very difficult for these shorters, presuming they are happy to do so."
Hi Esp, There seems to be great concern about the relatively minor ups and down of the SP. Now I can imagine if you are trading , all this is of vital importance. However , if you are just sitting on a pile . waiting for the plant to be built , ore to be mined ,and gold produced , and eventually dividends , who cares?
Now if the ups and downs are happening because of changes in gold prices , drill results , tornadoes in the goldfields , that is tangible and interesting. Manipulation , shorting etc has minimal long term effect? cheers
HRZ Price at posting:
5.9¢ Sentiment: Buy Disclosure: Held
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