In all due respect Ferret, it is those feelings and emotions you...

In all due respect Ferret, it is those feelings and emotions you speak of which those in control on the share price movements need most. They feed off it. If they can scare enough retail into feeling uneasy and afraid of their investment and get them to sell, then they can drive the price down. We still do not have the evidence of whether these tactics are from a large holder or group of smaller holders or maybe even both. An updated top 20 would tell us more.

However, the desperate manner in which this stock is often sold down more than any of our producing peers, when the opportunity is there (i.e. last night's drift back in the price of gold) tells me that someone is in an accumulation phase, with help from certain groups. Adding to this, there are likely traders getting involved in this low 6c to high 6c range because there are 10% swings on offer which is a decent return.

Eventually the structure right now has to change. We are hugely undervalued compared to every other low to mid cap producing peer on the ASX right now. I did a post on this recently showing the discrepancies. Either a large investor is going to take notice and blow all the games out of the park and buy in sub-10c as a strategic investment. Or it will naturally take place with a constant stream of gold related news flow (which we are yet to see but is on its way). Especially with all the drilling we have assigned to multiple assets.

Any of us could join the trading party, but they money made from this compared to long term is child play. There are also massive risks involved. One day we could all login and see that these powers at play have moved on and we will open substantially higher on news flow or another gold price rise and many of those traders will miss the boat for good IMO. Much safer to hold long, especially for an undervalued stock of this magnitude which has just entered production and has massive upside to come, particularly in 2H 2025 when the real party gets started and news flow ramps up from multiple fronts.

Keep emotion out of it, focus on the fundamentals is my advice. Drinking is not going to help that. Better off having a tea or coffee, doing some gold market research and save the drinking for the weekend when the market is closed anyway and you are not tempted to act on any emotions and make silly decisions. Good luck!