I see the point you are making and agree with it to some extent. Put bluntly the spec end of the market is generally terrible at the moment. I'm more than happy with the odd update such as this and for things like your suggestion to be done once this turns around, so holders might actually be rewarded for it. Compared to earlier ann's the tone itself is clearly much more positive, so I would think we will see more detailed and visual updates soon enough.
If TNO were to have announced a decent sized hit of 2%+ V2O5 this morning, I highly doubt that it would make the price hit 20c. For whatever reason, every bit of news, good or bad is being heavily sold into at the spec end of the market.
Many were saying it was tax loss selling and it would stop in June, then July came and it was still seen as normal behaviour. We are nearly halfway through August and it feels like that it's as worse as it's been, and it's generally been pretty bad for 6 months IMO, especially the past couple of months.
Perhaps a change in sentiment will be timed with drilling commencement here, that would be really nice.
TNO Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
