There's an insto been selling out and by my calculations they're...

There's an insto been selling out and by my calculations they're almost done but selling begets selling and I reckon nervous holders might have jumped on as well. Everyone knows when and how these instos sell ,at the bottom dumping at whatever price they can get.

With the ground that TNR has acquired any sniff with the drillbit will have these neighbours crawling all over TNR. I know it's hard for people to envisage that right at the moment but it's not going to take much and I think the gameplan that Matt has had in play for some time will reap strong benefits over the longer term.

In the meantime the availability of stock is an opportunity . It's been soaked up by some savvy investors ,well below the placement price. Smaller players usually wait until it's moving up and then they'll all want to jump on as soon as we get some decent news and the sellers are gone.

With what he has this can't stay at a 12 mill MC forever