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In Mikes interview on February 23rd he mentioned JORC should be completed in “a few short weeks” along with other additional works. We also hopefully will have news on a new CEO and icing on the cake would be Georgia sale.
Bid price is weak atm but they are certainly getting some sells maybe by impatient or maybe panic seeing the price drift? Who knows. This is surely due a bounce.....need an update to turn it on it’s head maybe.
I bet a lot of PIs get nervous holding over the weekend for some reason, maybe want crystallised money in the account and sell out then consider buying back in Monday. The share price is all over the place atm it could be a good opportunity.
I’ll be adding to my holding tomorrow. Prob wait to see how it opens but not for long as level 2 was thin on the 2p offer at close on Friday.
Tbh doesn’t matter whether buy or sell the trades been filled, it’s large trades like that that have held the price at 2p, maybe brakes are off.
Although the 5mil is at or close to the buy price at the time not the sell price, only the owner will know until we are informed by TR1.
Some chunky delayed trades from yesterday there.
Expect this to move up shortly, seller finished and very low free float. Expecting 8p short term, big buys went through last week at 6.5p.
Appetite building on TSX, now equivalent to 13p and we are trading just in the 10p area atm.
When the overhang clears (will catch everyone by surprise) this should align, but in the short term am expecting a lot more. GLA
Yes big trades, all in the price now, lots of delayed trades from yesterday and a massive trade for £350k after hours. Placing flippers maybe large delayed trades expected. Maybe....that trade was holding it back today as the buys were relentless (a lot showing as sells)
Pretty much all the trades are buys today, as you said just under the mid point.
Clearing the overhang then will re adjust, 1st stop in quick succession to align with CAD +20% from todays level.
Just wondering how do you see these orders?