JB here are a few reasons:
1. The stock requires cash so this has to be weighed up against any announcement
2. Punters have been disappointed by previous uranium results so this still plays on the mind
3. General interest in the sharemarket has waned. Read an article the other day which said retail investors in the sharemarket at the lowest level in 10yrs. The number of new posts on HC is evidence of this..lol.
4. Institutions sitting on sidelines watching Fed and QE.
5. Continual negative and at times hysterical reporting by media on resources sector
Still have my fingers crossed SP can gain some traction from this graphite discovery but I think its going to be a long hard road.
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JB here are a few reasons:1. The stock requires cash so this has...
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