This is called shooting yourself in the foot but stop buying the stock at or near 5 cents.
We are having a rights issue at 2 cents, yes that is right...3 for 5 and record date was tuesday..
I know for a fact that some directors are going to try and dump stock for a stag profit, this will force the shareprice back nearer to 2 cents than 5.
Only fools are buying now.........wait until later.
PS...We have no nickel....we relinquished the leases Doh. We have diamonds though.
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Nick Rathjen, MD & CEO
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