MOD 0.00% 42.5¢ mod resources limited

Interesting update from MTR today 35,300,000 shares purchased...

  1. 42 Posts.
    1. Interesting update from MTR today 35,300,000 shares purchased over eleven and half weeks , share price 0.046 seems strange unless you check the increase in the daily shorted figures . Over the same period the daily figure has increased from around 50,000 daily to 70,000 - 200,000 shares , seems consistent . I wouldn't want to think that MOD's partner is shorting their stock to fastback their stake at the expense of PI's but it sure looks that way . It wouldn't be so bad if there was any news lab due end dec is it out yet . JH states the drilling is now Turbo Charged seems we find out everything is subject to environmental permits this company desperately needs to bring some good news otherwise shorters will amass a lot of cheap stock over a longer period . Cmon JH kick the turbo in as the last raising was at 6 cents and in my opinion it would if at all possible be good to get back to that figure.
    HP
 
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Currently unlisted public company.

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