Co incidence?
posted on
Jul 29, 2011 02:02PM
Short in place for almost 4 months.... PP 4 month hold expires Aug 22nd..
Do they have the balls to low close it today as well and avoid a cash call on the short position? This looks like the share price is being managed.
From NR:
"At present there is no supporting evidence indicating that the anomalies are related to gold mineralization; however, they are of sufficient interest to warrant drill testing, which is now scheduled to start in the second or third week of August following a scheduled break from drilling operations. "
Considering the rest of the news release I would have expected to see a couple additional drills added to test these anomolies, not put the present crew on vacation.... Go figure!
And all PRB activity stops for 2 to 3 weeks? Just at the time everything is coming together and the share price is strengthening.