re: trading halt... ??? trade4profit
There is a sound market rule - buy on the rumour and sell on the fact.
In my opinion there were a number of holders in for the punt and were going to sell on the report - unless TAW found the Hope diamond twin. When the report was released the punters sold.
These are early days and the real value of the project is indeterminate. It is encouraging that in the small amount of sample processed 4.5 tonnes + 25 tonnes TAW has found two gem quality diamonds.
This ia a massive resource of over a billion tonnes and small samples have found gem quality diamonds. At some stage TAW will need bulk samples say 10,000 tonnes from pits. This should not be too difficult as there is only a 20 metre overburden.
Early days but very promising. I hold.
TAW Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
