3 -4 g AU per ton on average! Individual samples at 25+ g/t. And the recommendation is 'sell'. I can't comprehend that sentiment. EXCEPT..... They of course have their own agenda. 'Panic' sell of a few million shares = $A100k. SP drops like a ton of rocks (or gold, which is heavier). Then came the re-buy at lower price, which means number of shares increased in the portfolio. For the same money. Hedgefunds do it like that. So, I for my part will buy another 2 mio shares when the market opens again and wait for the price frenzy. The other thing, that bothers me, is the blindness of those holders, that followed and just sold. I don't see it as much as a 'sell' but rather as a 'buy' action at low price. Yes, there needs to be a catalyst/starter, but to increase my holdings by 10 to 20%..... Yeah, I am in on that. Not moral but legit.!.!.! Guys, we have the goods here at 1/8 oz per ton.
OVL Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held