BIG burrendong minerals limited - withdrawn

rau share price activity

Currently unlisted. Proposed listing date: WITHDRAWN
  1. 4,803 Posts.
    Hi all, as no doubt everyone would have noticed that since the little flurry the sp had back at the end of August which took it to 5c in a matter of weeks after hanging around 2c or so for quite a while there has been a steady decline. SP at time of writing is 2.9c. i looked back and couldn't really find anything that could justify the run up that it had. i don't recall any majore announcements and i don't recall the gold price rocketing and somehow rau jumping on the back of it. if that were the case rau should be going great at the moment considering what gold is doing. imo it doesn't really matter what the gold price is doing until they are producing anyway or at least beginning major construction of a plant. so i was wondering whether anyone else out there had given the sp activity some thought of late and could offer up any reasons as to first of all why the big jump and then secondly the slow subsequent sell off since then. i seem to recall some speculation surrounding possible multiple projects in bolivia but that is about it. or did speccie gold stocks become sexy for 2-4 weeks and traders just rode it? thoughts anyone?
 
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Currently unlisted public company.

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