Massive Black Horse Chromite Discovery

Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%

Free
Message: look at this on a Friday afternoon

Wow what an end to the week. Though someone was in a hurry to unload (could be margin call, tax loss selling, etc.) the more interesting thing is that these shares were gobbled up at 5 cents, leaving a 1.157 mil share bid at 4.5 cents and only 380k shares offered at 5 cents. A month ago, a sell order like that would have tanked the stock and it would have stayed down for a while. Now it looks like the buyers have arrived and this stock has resilience and hopefully upside from here.

Share
New Message
Please login to post a reply