RE:RE:RE:Bids are Starting to Show UpChip - I also have a very large holding here and after so long of nothing I am looking for an exit, but not so desperate to do so when there may be some light at the end of the tunnel.
I'd prefer to invest where I am more comfortable. I am suspicious of the recent price manipulation leading to the IPO and ASX listing. So many shares sold and yet management mysteriously could not identify the seller and at the same time no assays to bring in new buyers. My money is that seller is now topping up at 20c in the IPO. RareX had a similar scenario.
Also the lack of news from holes drilled months ago, the large options granted to management recently at the depressed price, the failures in Mongolia, the delay to the ASX listing and the tax charge that has come out of the woodwork. Too many concerns for my liking and you have to look at management for a lot of these. All management except Sam are field guys and the Boardroom is just too weak for me to feel comfortable.