you're right gassed, shorters do thrive on the uncertainty and missed promises the most important being a missing DFS with technical data on the overall viability of this project
but honestly, what has emboldened the latest round of shorters is the chairman dumping shares at the 12 month low (and yeh everyones going to cry that he had financial issues and its his business what he does with his money blah blah)
but to use your term.... directors should be the 'BACKERS' of their own company. when one sells at such a critical point in the companies progress, it creates ALOT of uncertainty
I find it a little amusing that there are alot of people here blaming the short sellers.... you guys need to re-direct that anger back at the directors for creating the circumstances for the shorting
LKE have a PR problem now.... the other directors should've started buying at these levels.... its what most non-revenue explorers do when there's alot to look forward to (apparently) --- even if DD grabs a small $100k parcel, it would make a world of difference
LKE Price at posting:
54.0¢ Sentiment: None Disclosure: Not Held
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