What has happened to this stock over the last couple of weeks is...

What has happened to this stock over the last couple of weeks is blatant insider trading. The company or somebody in the company has split the beans about these drill results and then the people in the know crunch the share price down so they can pick up cheap stock from panicked shareholders and then now we see those same people more than likely selling out now as they know the project is going to be delayed further.

This is a classic reason why the stock market is under constant manipulation and no authority has the ticker to stop this from happening. This is why we are seeing across the ASX that company values are reducing at a rapid rate. Again the only people benefitting from this are the directors whom will continue to receive shares in lieu of money.

Just like what we have seen with Galaxy and the debacle their management team have put investors through we are seeing with our directors and their failure to live up to their hype when they joined the company.