sell down, page-3

Two ways I see this:

1. Those in the know has been quietly letting go shares knowing the JORC may not be impressive.

2. Those in the know cap down the price and scoop up just 1-2 days prior for the rally.

Both scenarios are possible. The third is generally investors may get a bit impatient on waiting for results, sold off to jump on other day trade shares (e.g. PLA, CTP, OBL...etc)

I think risk reward for an entry at 65c is well worth a small punt IMO. I'm waiting for an entry below 65c as this may surprise on the UP side. This stock is the next best gold grade apart from GMR, AZH - both are not doing too well and not being pump and dump with a famous newsletter.

Given ann is due next week, I'll be keen to position shortly for a ride, higher probability on the good side I see. Good luck to current holders.

cheers
pcyc