jorc up, page-22

Looks like someone has a very negative view on the previous up-selling of the JORC announcement by Promnitz.

You cant talk it up and release low without expecting a negative response.

Mind you it is all starting to appear like they want the price down to favour their Institutional/Fund buddies. How else will they manipulate some returns for their mates at over 30c?

People, dont fall for any of the below reasons
1. Intentional down selling - look at who is a major shareholder - "the slimey worm" Trader. He will be relishing this to get his mates in.
2. IDC happy with it being low - see above
3. PNG issues - temporary and will not be an issue for IDC let alone in 6 months.
4. Gold price fears - get serious

Biggest real issue here is No. 1. Apparently he loves to be able to manipulate the market. I found out about him 2 months ago and he is apparently a snake. He is renowned for pushing the market up and down and when I asked who he was, senior funds persons could not believe the short sited view of the company allowing his name to be on the registry.