re: Ann: TRF: Explains High Grade Exploration...
Edit: that should be confidently not confidentially.
Drank too many maroons last night and now I've got the blues.
I guess what I'm trying to say in that ramble is that the jury is still out. And I agree with the sentiments about what sort of company ramps itself because of a small position they have in another company whose whole market cap is worth not much more? And would you do that solely on the basis of the info that has been released to market?
Clearly the market doesn't believe it. There were no buyers yesterday and plenty of sceptical posters here.
The strange thing is I know someone who has been involved in the Brazilian iron show and he reckons they are sweet.
Is it possible that one can make a "game changing" discovery and have share price go backwards? Apart from us punters there are $3.5m sitting on Canaccords accounts being sold this story. We'll see in time.
OGX Price at posting:
20.3¢ Sentiment: None Disclosure: Held