Those that might want to buy are watching to see if it settles and they might as well wait for the news. That leaves the sellers left. Along with shorters that have access to the bod and can offer money at a discounted rate with the knowledge that the market is corrupt
RE: Dome Proven enough by Holes 1 & 28 Dec 2025 15:50
They've drilled 6 holes, starting with an rc drill at the top 200 metres and then continuing with the dd drill for between 300 - 900 metres. There have been 2 holes cut and processed and then sent for testing and another 4 holes in the process of being cut
RE: Wow anything but drill results13 Nov 2025 16:20
So no info on how deep they drilled into hole 3,nor how deep hole 4 is at, this feels like a load of kerfuffle to try to get people to sell. I'm applying reverse psychology
There's so many traders who try to dip out to chase the news in other shares in the hope of getting back at the price or less of what they sold at, but it doesn't always work out
Good planning to have a cheaper rig prep the holes for the next rig to go deeper, this will speed up the drilling significantly. It's also a clue that the first rig is hitting the right strata. And that they're in a rush