Recent drill results are GREAT. More of the same has to lead to a higher market cap. Even before a PEA.
t
Watching for a bounce back this week- make up some lost ground- stick with SmallCapCanada for the best new plays from across the Canadian markets, they always uncover the hidden gems- SmallCapCanada
s
when is this going to resume trading
M
Why the big guys are not having look into its assets?
F
Very encouraging results with a lot of assays of vein intercepts still to be received. Now that they have multiple intercepts on favorable veins, the drilling will become much more focused. Drilling veins in a covered/concealed environment is extremely difficult. Now it’s a matter of getting more sub-surface data but that can now be done with much greater potential for successful holes. The next hurdle? If they can show that this zone has some stand-alone size, it will open the door for more wildcat drilling to find more blind veins as they understand more and more what’s going on down below. A long way to go to see how big this emerging district can be but good on them for clearing this huge hurdle.
M
Only 1.5% of the float has traded and the market cap goes down by 35%? I do not understand it.
w
@Mo As far as I was able to determine, the share structure is very tight. Only about 25% of the float is retail. The rest is held by insiders, institutions, etc. It doesn't take much to move it.
M
I am optimistic now. Results look good.
M
Another Bre-X?
M
No news! Why is it halted again?
L
Y IS THIS GOING UP?
M
No news? Whats going on?
M
The SP is hesitant to react to latest positive exploration results. It should fly.
M
Halted!
M
I love this stock! It’s going to the moon.
L
Why is the stock dropping?
M
Surprised that the drilling result in a new area would cause such a drop in value!
T
This one is too risky for me. Happy for anyone who made good money on this latest news run-up. If it was me, I'd be getting out now. Extremely low volume on a news release about surface bonanza grade grab samples is a red flag for many reasons. Grab samples are great but meaningless in the future of any potential wealth creating mine operation. It is what is down in the ground that counts. The way the latest news about the bonanza grade grab samples needs to lead one to a greater analysis of what the true picture is. In My Humble Opinion, of course, cheers.
Even before a PEA.
I do not understand it.