RE:RE:RE:RE:Exploration UpdateMaybe the selling is not to do with drill results but it does seem someone knew something before they were released. I also find it strange management cannot locate the seller after such volume. But the drill results are not the full problem.
This is a decent project in a tier 1 location with decent assays and a "top" team and yet where are the buyers? I think the market has lost confidence after Mongolia and management now need to prove a commercial resource before that monkey is off their backs.
The added concerns are first that Trundle is taking all their cash and that later this month the investors from August will be free to sell in to the market too and just hold on to their warrants, so for me decent assays before then will be needed.
Management has to take some blame here. Over promised and under delivered - so far - just like Mongolia.