sandy; emma. It is certainly oversold and no doubt will bounce back. It may take a few weeks. I notice the option bids picking up slightly. It seems now that the next likely move will be the examination of identified nickel prospects and those yet to be identified by current down hole and surface em surveys; a move to the mining board; and hopefully, gold production for cash flow purposes to obviate any further share dilution !
I wouldn't expect much movement in the sp until further co. advice regarding their intentions is forthcoming.
I (of course) see the current situation as a buying opportunity and have my money where my mouth is !
HCY
halcyon group ltd
sandy; emma. It is certainly oversold and no doubt will bounce...
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