I see what you're saying, but we can't be certain. We'll know more when we get something on paper released to the market. Recent surge in sp from 10c to 17c was the result of a buy recommendation from the resource speculator. What's to say the same mob hasn't caused the drop as well which could be for a number of reasons? Maybe guru doesn't sound as optimistic, maybe stops have been tightened, maybe the expected timeframe is out of whack/delayed, etc.
I bought knowing this was a high-risk spec play and the chances of hitting pay dirt are slim.. but the risk/reward was a goer for me.
Holding... waiting...
MRD Price at posting:
0.9¢ Sentiment: None Disclosure: Held