There's no doubt in my mind that some of those who jumped on the nearology bandwagon which gave the share price an uplift have totally misinterpreted or plain misunderstood the announcement today. The assay results are largely a rehash of what we already knew and are not testing the anticipated targets of the AMT work currently underway by RIO in the jv area or indeed also by AZY also on their 100% owned lease just north of RIO's discovery. The expectations that the AMT data will reveal targets is what was driving the share price up, and we still wait on the results of this this work to reveal drill targets. Todays share price drop is consequently dumb and likely results from sellers who are clueless as to the main focus underway. Seems like pip traders jumping at shadows that dont exist and likely triggering further stop losses from weak hands. Nice pickings now for those with $ to spend.
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There's no doubt in my mind that some of those who jumped on the...
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17 | 13227591 | 0.013 |
12 | 5096891 | 0.012 |
20 | 5284426 | 0.011 |
26 | 9262988 | 0.010 |
Price($) | Vol. | No. |
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0.016 | 4999431 | 7 |
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