Just a heads up, holders- this might have something to do with the shorting. I found this article, written a few day ago, but it is for High Grade members, and my trial membership has not come through yet, so I only have an annotation to it: ____________________
http://www.highgrade.net/index.htm
Visit promotes stronger Unity view
UNITY Mining has previously said it is on the hunt for assets and aside from its cash and operating asset, the Tasmanian gold miner would certainly appear able to bring to any transaction table very attractively priced scrip. ____________________
Maybe UML is seriously looking to take another company over? If so, that might explain the shorting- predators/suitors often have a share price loss on announcing a takeover. Then, if it's a good purchase, the SP rises again. All in theory.
Is anyone a Highgrade member and can give a fuller picture on the article?
UML Price at posting:
12.0¢ Sentiment: None Disclosure: Not Held
