I think a lot of the junior specs have a lot of shareholders hoping for a return like Sirius, and if it doesn't happen overnight they are out. I think this year should show the real potential of this company as they obviously had to spend more to buy more feedstock than they had anticipated, so as a cash position for half yearly statements it looks weak, but whats to say half of the reason isn't because of the larger amount of feedstock purchased. Many possible explanations.
I think this was way oversold to be getting down in to the sub 3 cent territory.
I am with you Towkay on the LT buy sentiment on this one. I think we could see great results for those willing to wait!
HAZ Price at posting:
3.5¢ Sentiment: Hold Disclosure: Held