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FiendishRedbeard

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18/11/16

01:37

Post #: 20705663
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Originally posted by thunder54 ↑

Hartleys you would think they had slowed down, but they are still buying.

They are definitely playing around with the price more now than before, I have been watching and on some low volume days the whole days volume is just them selling to themselves, just pipping it lower day after day.

It gives the appearance of unending selling doesn't it quite sneaky, it works though in the last 2 weeks they have been both the biggest buyer and seller for a net gain of $160k worth of shares that is about 75% of all the shares that changed hands during the period.

I decided to put up some resistance to them the other day, so I put up a decent order on the vacant buy side on a slow day well they immediately sold into it and then churned a couple of similar sized orders to themselves below it.

Signs are still good christophe they have at least $3-$4mill under their control now probably more and they are still actively accumulating, when will it run though no idea what the infliction point will be.

I wouldn't mind a take over myself the NPV vs capex for GPH is quite compelling story creasy has 20% he might be angling something, our southern border land is definitely attractive to GOR they could afford us take out use the potash as a side project now they have their big farm in or maybe a SO4 merger they could use our high grade zone it would help them for quicker pay back on their capex.

Thats just me day dreaming thought, who knows whats really cooking it just seems like something is.

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SO4 + GPH is an interesting thought if things fall into place over next 6-12 months or so.

APC Price at posting: 8.0¢ Sentiment: Hold Disclosure: Held
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