I think this stock is just like many others. They float news about sh loads of gold then set about diluting the sp by dropping 27 mill shares on the market at 8c. IMO 8c was ridiculous self evident by being heavily oversubscribed!! should have been at least 10c.
However holders now have little choice but to wait until another 10 mil shares unloaded at least before we see sp pick up. And no more nebulous claims about "Bonanzas", just keep the news scientific and not blown up out of all proportion please!
SP 9.5 add Bonanza news +placement SP down to 9.2 End of story
I think this stock is just like many others. They float news...
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