something doesnt smell right to me ... continued ( OK the story so far is that Abelle has accelerated the receipt of funds from its cash cow Gidgee mine in which it has lost interest, by refloating the defunct LEG shell and selling the product to an avid public who cough up $4m plus.
Now it is hard to believe that Abelle was not well aware that its ore body was surrounded by minor intrusions of high grade deposits, which are common in the area. Miraculously, these are discovered by the new, hardworking management of LEG. These lodes sound impressive but it is not clear they actually add anything to the recoverable resource.
One or more professional rampers are hired (yes G we know who you are) - on this site among others - to push the share price as high as possible after the announcements. This causes Abelle's neat little $2m stake in LEG to be worth nearly $8m.
Nice work if you can get it.
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Open | High | Low | Value | Volume |
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6 | 3063339 | 0.011 |
8 | 1020237 | 0.010 |
3 | 2211115 | 0.009 |
3 | 1493800 | 0.008 |
Price($) | Vol. | No. |
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0.015 | 1000000 | 1 |
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