AQD 0.00% 0.9¢ ausquest limited

SEMAFO

  1. 11,395 Posts.
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    https://www.google.com.au/#q=TSE:SM...oll2pf3CS6xei-vvqhdY7aHkfftW55FXAD6VCLPKwAAAA

    Hope this link comes through.

    Just noticed that the SEMAFO stock price has taken a fair leap upwards.

    May have nothing to do with the RC drilling at the moment but it dose coincide with the date that drilling started.

    You can see that about 5 days after they started drilling (1st may) the sp takes on a gradual increase from the 6th may to the 12th may.
    From the 12th may it heads almost vertical putting on 10% in one day, this is the 13th day of drilling and 1 day before the report.

    So on the day of the report to the 15th it puts on another 2% and in the report they state they have discovered a major anomaly and have 4-5 rigs drilling it with results due.

    Just seems that the sp took a sharp move upward a few days after drill began, may be nothing in it folks but worthy of taking on board imo.

    These billion dollar companies do not report a discovery of a major anomaly unless they are very confidant.
 
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