after watching the trading in this stock for a while there is definitely someone accumulating this stock. its almost like there is a market maker in there, each time some DF sells it down the buyer comes on to support the price.
i hope this is a good sign that someone with deep pockets is buying this on the cheap before the drill results come out. if the ore reserve is over 500mt this stock will be at $1.50 in no time.
hopefully the management come make an announcement soon about the financing as well. we need some news to enable us to decide if we continue to hold the stock.
it would be good if the chinese partners also came in and brought more stock, hopefully on market to support the price. maybe they could help with finance as China has such big FX reserves. surely these chinese companies can see that they will make a moza out of this once its up and running.
the AGM was in november and there has been no other communication come out from management since. would be good if there was regular updates so we know that we are building towards something rather than just waiting around.
anyone hear any news about financing?
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