Sorry. Short positions started to get closed five days ago as the SP started to fall in the same time period. This I don't understand as I thought that if the short positions closed then the SP would go up. Am I missing something as a novice investor?
So... could someone explain why the SP has gone down over the last five days when the declared short positions have closed by 5%. Am I missing something?
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Well I have to be honest and say this board, or some other source which I can't remember, certainly misinformed me in regards to TOR Snr's holding and its disposal a long time ago
i feel like they are a sacraficial lamb so to speak. the big boys gave them some change to drill druid. but im sure the big boys work for the big oilies.
get into production and get the cash coming in. in a few years if they mind the profits they could look to partner with someone else on druid. says a lot that they haven't gone this route.
surely they could afford to drill broe themselves now. instead of drilling in druid.
Shorts reduced massively. Now down to 10.91%
SXX still showing on todays AIM...thought we were being promoted as of 0800hrs?
Desperate...so in you opinion we should wait, maybe several years, while the majors make up their minds and do the first drill. I think that would be mad!!!