my take on events is that a seller/s decided to manipulate the sp down to 5.2c a few days ago. they have been accumulating at 5.2c for a few days now. trouble is, not many investors sold down to that level today. if my theory is correct then the sp will now start rising as the manipulators try to grab more stock.
remembering that the co. have a market cap. of $7m. approx. & cash in bank of approx. $6m. plus a jorc resource of 353,000 ounces Au + 7,300t of antimony. therefore it is a buy & the accumulators know it.
postulations of a dreamer
NWR Price at posting:
5.3¢ Sentiment: Buy Disclosure: Held