those shareholders looking to cash out of GIR over $1 came in late yesterday afternoon, and hung around to allow the heathgate insiders to buy up another 500,000 worth of stock...
assay results normally stay in the lab for about a week before being released to heathgate, and then allow another 3 days for heathgate to report their findings back to Giralia.
I guess that an announcement will be made first week of Feb, and will excite the market.
Management now genuinely believe that they are a takeover target.
fantastic.
P.S. NCM down another 2.5% today. Down over 7% since the rumours first hit the market. A couple of week days on the gold price, and this thing will get battered on Thursday.
GIR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held