drilling commencement?, page-5

Hi JamesMc/Zac2500,
received email today from MRP re my shareprice query; (sorry didn't ask about assay results, but will do)
transcript below:


Subject: share price drop?

Hi there,
As a shareholder in your company, I am concerned at today?s (02/05/11) significant drop in MRP share price.

Could someone please explain the drop, especially in light of the extremely low volume (2000) that was traded. Surely such a small parcel would not have been accepted, or if it were, it should not have had such a significant impact on the overall price.

An urgent response would be appreciated,

Yours,

reply:

? thank you for your email query. Our stock has very low turnover volume, because most shareholders are in for a long term growth which our project offers. Because of that very small volumes can impact the price both upward and downward.

These are normal adjustments due to the tight nature of the shareholdings.

We appreciate your participation in our shareholding and if you have not done so as yet, please register on our webpage for updates, which will keep you informed on company news.


Regards,
Morrie