1) Perhaps those who are taking a quick profit 12 cents to buy back at 10 cents with the SPP. . . . but still have faith in the TRF octopus.
2) Perhaps those who have lost faith in IF (given his history this is believable). However, I would have thought those folks would have sold out long ago.
Buyers -
1) Perhaps those who want the exposure to OGX and the possible GOLD/SILVER bonanza there.
2) Perhaps those who think that the mineral wealth at the Eyre Peninsula tenements will eventually be monetised given the new light on funding through the good fortunes at OGX.
The SP is still above the SPP price therefore there more people are subscribing to the BUY reasons than those wanting to sell. However there is still time to play this one out.
OGX price did not crash after the news of the CR . . . in fact, it went up. . . . perhaps in HOPE of more positive results being announced.
I personally cautiously optimistic that OGX will return very positive results and that TRF will succeed in its projects. But I am wary of TRF management on the basis of previous disappointments.
TRF Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held
