I have been watching closely for signs of net buying...the old sell two buy three trick...but sadly it does not look that way.
Has been a leaky boat before...so hopes not up for a good hole 6...which should have well and truly been "sighted" by now, suggesting the lack of buying is perhaps a concern.
Of course, they may be extra-smart cookies here and disguising the play better than most...but I fear this is hope based on little more than hope.
Will sell the last of my shares if hole 6 is a dud...but if it is not, then current prices are way too cheap.
In fact, even with just the Northern results...and of course their other interests, I feel their current share price is way too cheap...but in the short term, the market cares only for immediate drilling results.
Cheers!
MMB Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held