Plymouth, yes was an interesting day (AND). Someone seemed to be chasing stock all day. Trades lately seem to be large, hence presuming not day traders? Sell down as of late were presumably some dt's panicking with gold prices (hopefully hc pill0w biterrrrs...lol..) as many were at market prices and rather smallish volume?
KCN had a nice little report out this arvo as well "Gold Rush Presentation", which looked bl##dy good imo...
Noticed a "U" buyer yesterday (KCN) at market prices and lifted at eod to soak up any on offer. One large seller (yesterday) of approx. $750K at eod which was easily soaked up. Fair bit of insto trading I would suggest (possibly in both stocks)? Problem with insto trading is that "they can" control stock, hence stock can be pushed down however they are actually buying.
I am still happy sitting on (majority of holdings..andean) atm as imo there seems to be limited downside risks. Perhaps a sweetener from kcn (unlikely, although they seem to really want the andean project). Both stocks are relativly tightly held and in these times can be good or bad...lol...and easily controlled!!
Good investing/trading
AND Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held