What's actually happening21 Mar 2026 07:09
People... Stop with the placing comments and why did people sell on the positive RNS, there isn’t a placing and people didn’t sell on a positive RNS’s
What’s actually happening is the CLN shares as mentioned in the RNS on the 19th of March are what has held this back, as soon as 2p was triggered, that allowed the shares to be sold, they were very likely being sold on the 17th of March and definitely on the 18th of March which is why this share has struggled to get past 2.5p
As soon as the positive RNS landed, shares went up, the seller of the CLN share correctly chose this as an opportunity to sell off some more shares which brought the share price back down.
Here’s the good bit… Once those shares are gone (likely by Tuesday) there is no ceiling on the share price anymore, it won’t be held back by the CLN shares, that means that with a very limited amount of shares available in the market this share is likely to go through the roof.
Here’s the amazing bit… If even good news lands, visual gold seen in other cores etc after the shares have cleared then the share price IMO will likely triple, but if assays come back with 1 ounce per ton then oh my goodness.. you best be buckled in…
So fill your boots on Monday and Tuesday, this opportunity doesn’t come along too often – CLN notes nearly cleared holding a share price back, combined with visual gold seen in core samples, combined with assays due soon after the CLN clearance meaning the share price can fly, combined with a very limited amount of shares available.
Enjoy your weekend.
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