RE:More Assay Results to Come SoonAll you say Chip does not explain what is happening here. We have a high copper and gold price, good technical management based on past achievments, a tier one location, eyes on this from Canada, Australia and Europe, OK assays (not great so far but OK), and yet a third has been wiped off the market cap in less than 3 weeks.
You can't only blame a seller. Volume recently has been low and all the seller is doing is making a more attractive entry for investors. Question is why are investors ignoring or avoiding this stock? Yes, the Mongolian tax issue hit the stock yesterday but 160,000 shares was not a sell off and yet the stock fell by 16%. Where are the insiders and their mates or their advisors to support the stock? There is hardly a rush this morning even at 25c
I still hope rather than believe this will come good and will hold, but not add. I am starting to have reservations as to whether management is good enough. I also note insiders were not slow to load up ther options recently at the low price. They should have waited a couple of weeks.