selling pressure, page-5

Enough with the conspiracy thoeries already.

The trend is steadily down.... pure, simple and ugly. No significant holder notice so just many retail invetsors (of various sizes including large soff's from last placement) with many shares no doubt passing to knife catchers (like me) who then turn around and stop out when the price doesn't stop falling.

Everyone who sold at higher prices based on TA has been proven right as SP drops. Even now time will tell if sellers are still not correct to stop out at these prices. The lower it goes the less likely it will fall lower BUT who knows?? Is there some ugly CAPEX and OPEX come out of pre-feas that only the HUNDRED or so people involved in study know about??

This close to info release (it can't be long away now) the less likely it is that serious shorter or manipulator as risk/reward parameters looking unattractive. However, not many buyers because FEAR of the unknown is keeping them at bay during an ugly downtrend.

Yes, managment should have released some info to massage expectations upwards (if there is info to massage expectations upwards) to support price in the interest of continuous disclosure and support of long suffering shareholders getting shaken out by fear. Why they haven't is a question that needs answering and may well be apparent when resource/pre-feas is announced.

Nerves are frayed...having held for so long down it is always easier to hold in hope than sell and admit a mistake. We will find out shortly whether fear was well founded.

goodluck.