major problem between the two majority holders now sorted.
This had brought the stock down big time as well as no income (not a producer still a dreamer at this time)& GFC.
THe thing with this stock Indl3ss is there are not a lot of shares available - Good news SP moves quickly & reverse for negative.
Has a massive IO resource or potential resource but in the middle of whoop whoop in Peru.
Wait for the qtrly report & see what you can pick up from it for future direction.
They were moving on the coal asset but purely because the IO was in dispute.
Look for IO to become main focus again.
The company is notoriously slow when comes to deadlines & hopeless at times with keeping s/holders updated - mainly becuase the news has been negative.
It's already showed today's rise looks over for the day, but in a day or two when sellers clear could move quickly.
Has a major backer & No.1 share holder who is Russian cashed up & wanted to put money into the company before the SP went south. Everyone expecting him to dip in now & get this moving.
Goodluck but beware this stock is no Angel although it promises the world.
SRK Price at posting:
58.0¢ Sentiment: None Disclosure: Held
