Probably a few punters a bit nervous those deep “go for glory” holes might not bring glory. Delays in expected news is generally not good for confidence on top of MR selling into the highs. The stock was a bit overcooked technically (not surprisingly with share price doubling from the lows) coming into the recent CR. Some of those placement takers might also have decided to exit with a small stag profit for whatever reason as so often happens after a large placement. hopefully this is just a healthy short term correction and reverses quickly once the reserve upgrade is independently signed off. I’m sure some of the long termers here will have more informed opinions... which would be good if they care to share.
EAR Price at posting:
21.5¢ Sentiment: Hold Disclosure: Held
