To Bluemoon9 Jan 2011 00:40
I posted today a broker report from Sept with a 16p target price. Before the placing, yes, but also before the great Clay Lake results.
NK - Fair points but it's the placing that dragged it down and it's common (which is why I try to buy around placing prices) in small shares, but this is now funded for a year from what I can see.
Prices recover after these issues - check the Mio chart - Sept was a share issue, it's gained 75-100% since then. Or Sres - went to 3.5, down to 2 with placing, now 6.
Clearly the heavy posting attracts users, but thats by the by for all miners that enjoy a good rise nowadays, but the fundamentals here are excellent, and that's the reason why it can attract attention in the first place and has significant potential to push on from here.