We now have one of the high priests of the banking cabal on board. I'm undecided as to whether that's a good thing or not. Unsurprisingly, they managed to get in at a good price. We were discussing a while back the possibility of a suitor building a stake prior to a bid, maybe that just happened, on behalf of said suitor. Very surprised we remain at this level so close to PFS, even with the gold price where it is.
Chartwise, the 9 day RSI is turning nicely upwards, good volumes today, price now rising having levelled off, further share price fuel to come in terms of the PFS. All in all - I'm liking much...bought some more.
unlikely. I expect world bank had a good look at drafts of the PFS before committing £3.5m a couple of weeks ago. And Jim Mellon spent another £155k on CNR shares at the same time as part of the placement, and imagine he's got a good idea of what's coming in the PFS.
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