Wot... I think also that the delay in the Scoping Study has turned the tide also as there were expectations of the early release.
I think the SP is holding up well considering this MDO hurdle. Unsure at what price this would be at if there was no release coming up.. At this point in time those who have been done over in the past by other groups have opted to reduce their holdings in order to protect their capital and maybe lock in a profit. Perhaps this is a lesson learnt from the past. I for one took that choice and hold a very small parcel.
However, if RMX come up with the goods then those who have stuck around will be rewarded and it will be sweet.
My sentiment has gone to sell due to this MDO uncertainty. I hope the ann wont be "substantial holder reducing" ...
No disrespect to anyone. Just my opinion
DYOR.
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- rmx on monday 03mar2014
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