Ann: Exceptional Results Continue at Break of Day, page-15

Here's my take on the sell off. You have to remember that at 12.00 cents the share price was up over 1,200% on its early 2015 12 months low so you would expect some early entry shareholders to be taking some profits perhaps selling enough to cover their original investment and letting the rest run.

The share price at 12.0 cents is more than double the 5.9 cents of the Patersons Securities underwritten placement and SPP of mid year. So again you would expect some profit taking. And when the selling started it turned into a bit of a landslide.

There also appears to be some algorithmic trading with bids mysteriously appearing and disappearing as happened overnight with the sell order of 256,741.

Musgrave doesn't seem to me to be a worse opportunity today than it was at 12 cents. Just the opposite the good grades continue at Break of Day and a resource estimate is imminent. There are a couple of posters on this thread who were critical of the latest assay results but if you want to follow anyone in here Eshmun is the go.

So what we are waiting for now is a new wave of new investors who can see the potential in the stock and can see the share price heading back up in coming months.