re: jackson gold - cheap - low share issue Yeah wouldn't doubt that a little bit of that stock may come out, but not too much. I think the reason the placement was large was to give Poli a significant enough stake to make it worthwhile for him. It would be impossible to get him that stake on market especially if word got around he was interested. I think most of the selling at the moment is from a line I 'guess' was Croesus' 2m which was placed at about 10.5c about 6 weeks ago. So nice profit for those guys at 15-16c. Also, guessing again but Walbrook may be shelved as it prob should be as it is too low grade. This might scare some people however smart money would see this as the company no longer throwing good money after bad - and the market pretty much values it at nothing anyway. Sorry for the novel but better to be informed! I know the stock well and it has been a dog for ages but now finally some things are falling into place!
JAK
jackson minerals limited
