Simple really. Market shying away from gold stocks last few weeks. Big downdraft from mid 4s to 3.2c at AXM.
LT buyers have no urgency I suspect but ST's who supported placement and now want out have to move quickly (Ie discount to get out).
My feel is there is an over supply of ST v LT at present which will force price down.
You feel it has bottomed at 3.2c presumably.
So we'll see who's guess is right in due course.
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