I think that the general interest in the conglomerate gold story has declined significantly and that only insiders and bulls who did their homework are left.
Fund manager Willem Middelkoop gave a talk on the Pilbara in Frankfurt and he said that nearly nobody showed up. The last Novo newsrelease also did some damage to investor confidence and interest.
I am still a huge bull though, and I am hoping that Marindi wont sell its conglomerate tenements like Impact Minerals and Arrow Minerals did. Has anyone called and asked management if they plan to sell their Bellary Dome project?
MZN Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held