In my view this stock has been successfully capped by either a group of shareholders or brokers for months despite some good and exciting ASX announcements, excellent future prospects, strong ore reserves and a gold price about to break out. The moment the stock looks set to test A$1.50 stock is being dumped despite their being little overhead technical resistance with sellers looking to recover overbought positions.
I remain convinced some shareholders are building a substantial stock position so that once the mine goes into production they will reap a huge financial gain from a surging stock price. Any views and ideas folks???
Sagittarius55
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