Originally posted by Puk
Gassed it looks and smells, the positive is buyers still coming in at .007 and should go to 0.008 unless all shares are dumped. It would not be shocking to believe this document has been typed for some time just waiting for a special date to be added.
Yes Puk. That special date being the date of the issue of those VERY CHEAP shares and Notes, 11 February!!!
Brings into question why
I could post from what was on the public record, the granting of the ML at 12.46 on Friday 3 and a half hours before the ASX dragged the TH out of management??? You can ask, when were they going to tell us????
Towie, the announcement wasn't just "badly timed" it was a LIE and possibly illegal. it completely contradicted what they had told the market on 1 February that they had completed the CR. Then suddenly they issue another SEVENTY MILLION shares at .
003 and TWENTY MILLION CNs @
.005 when the market was @ .006 BUYER and sales going through @ .007!!!!
Then after the first 4 million (normal) sales first thing, now another
18 million have hit the market @ .
007!!! We are talking about a possible profit of $80,000 so far just this morning?? Am I being too precious???
Yes, I'm glad that I changed my sentiment on Friday and am re-considering it again!!
We haven't heard the whole story yet. Maybe they are using the proceeds to cover those statutoryrental payments and lodge a Financial Assurance under the project’s Environmental Authority prior tocommencing mining activities? BUT, why @ .003 and .005!!!
