Maybe if companies were more honest in their reporting they wouldn't be targeted by the shorts so much.
"Chalice shares falling 72.9 per cent this year after the company disappointed the market with the results of a scoping study into its Gonneville project north of Perth."
"Enthusiasm for Chalice’s Gonneville deposit near Toodyay was dealt a blow after the release of the scoping study based on palladium prices averaging $US2000 ($2958) an ounce over the life of the mine.Palladium is fetching $US1240.70 an ounce on the most actively traded futures contract, leading many investors to conclude that abnormally high prices are required to make the asset viable."
Sound familiar ?
LKE Price at posting:
12.5¢ Sentiment: None Disclosure: Not Held
(20min delay)