malcolm in the middle,Mali and gold have been big issues for PIR...

malcolm in the middle,

Mali and gold have been big issues for PIR and also other gold stocks in the same area, despite no FA impact, see RSG releases. Then GRY forced selling on top of that, so price had good reasons to come under pressure without the cap raise. In general, around cap raisings you also have alot of buyers staying on the sidelines further weakening the price. Its why companies should also aways raise capital well before they need to, sometimes pays off but higher risk imo. Looking at 120-125c to be cap raising price and bottom in chart.