The date and decision will be dictated and influence by several parties including CNR and the ministry but not confined to those two. There will probably be people from ProNicaragua, the local government Mayor, the local FSLN party rep called the secretario politico, a friendly pro-CNR local community rep, possibly the Work Ministry and the forestry commission etc. Most or even all will need to be present to make it legit, therefore all will have a say as to when it is held. Probably a good reason it´s delayed, getting all that lot to agree to a date.
Another 40k+ sells at 57p today and the offer price does not move - somewhat strange given that normally the price would move quickly lower if there are no buys coming through - Guern13
This kind of `observation` always gets me going and I can`t resist a reply.
You say that these trades were sells as if there is absolutely no doubt whatsoever that they were sells today...I disagree, and so does some of the evidence.
The data feeds are not accurate, that`s why they have the accompanying disclaimer to say as much, and I NEVER believe them one way or the other, or use the data to help with trading decisions. I just look at the sp, the volume, and the close. In the last week or so there were a considerable amount of large trades completely outside those days trading ranges (54p) so there is no guarantee whatsoever that todays trades @ 57p were either traded today (ie delayed) or traded at the time at which the data suggests.
This is AIM afterall, corrupt, manipulated and deals done behind the scenes between brokers, MM`s and fund managers.
All we know for sure is that the volume was 94k and the price rose by 0.5p, thats all.
One caveat of course is if the person who made the trade(s) in question is the person posting to confirm it on a discussion site, otherwise it is impossible for joe public to know for sure.
Having looked through the Exploration Update of 15th December again I see that it was stated that "The assay results will be announced in 2017, when they are all received". I know a lot of mining companies drip feed drilling results too frequently to the extent that one ignores them after a while but with such pent up investor expectations here I think we would be happy to receive anything that proves that something is happening!
Regarding the PC - does anyone know whether the timing is totally in the hands of the company or is it dictated by the Ministry?
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