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I would never recommend to anyone one way or the other. I'm no expert by far.
My opinion however and I've been in 88e for a long time, watching the ups, downs and trends - I would say we've hit FOMO stage for now, so might be a few rises along the way to the first indications.
FOMO does bring volatility though... And 88e never fails to help bounce the price around, all on it's own lol
Initial indications from logging while drilling and mudlogging into the prospectivity of the well, which is being drilled as a production well, could come in within three to five days.
3-5 days will hopefully stop the peaks and troughs for a bit and get us back onto steady daily rises... Maybe?
It's a crazy volatile share at the moment Don, so if you're worried about your capital, get out.
Yes, it went crazy recently on the back on no news and no reason for it (maybe ELKO employees leaked something, as I guess the deal didn't happen overnight).
We do have news today and it's bumped it back up. The drill is live and on-going at the moment, with any good result likely to send the price to a very nice place. All IMO.
There really does seem to be an abundance of people on here that came when they saw a nice big rise and clearly know f all about the company!
The ones saying this will go nowhere, are obviously unaware of the news flow we're expecting.
After today's roller coaster, I'd like to ask a dumb question.
Final price as at 5pm GMT time on Google, is 1.5p. Is that likely to be the opening price or are we way to volatile at the moment to even begin predicting?
Would be nice to see some steady, single and small double digit rises the next couple of weeks, off the back of a news feed and not huge peaks and troughs from nothing but hot air!