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Everton Resources Inc. (EVR.V)
TSXV - TSXV Delayed Price. Currency in CAD
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As of 2:51PM EDT. Market open.
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New shell? Somebody picked up a boat load of shares. Why? Well I guess it wasn't because of gold rocketing today (cleared $20 bucks an ounce). Everton had no bids on the US side. If anything, the US share price doesn't equate to the Canadian translation. There is a possibility Gold is making a break for the $1377 resistance level. But you would never know it watching the price of Everton. Nothing to write home about. As far as becoming a new shell for North Bud, it's anyones guess. Seems like Everton has stopped behaving like a gold miner.
Its alive..I think
Smells like this could be the new shell to North Bud, any thoughts?
Everton definitely isn't behaving as though it is still a mining company. Everton's website seems to be foretelling of a company saying goodbye...it isn't operable. Gold is trying to break out and Everton is up a penny on 1000 shares? OK, the Canadian side roughly 2 million shares have traded today. All this is telling me is somebody will sell 1000 shares and the US price will come back down to reality. This type of speculation only tells me this company is on the verge of closing shop.
Reality is it is put up or shut up time. Talk of Audet insider buying doesn't mean a lot to me as he can dump his shares at a loss to cover other stocks he will sell at a gain. In other words all of this is nothing more than a cover for putting the company to rest.
Think about it. Today somebody places a $50 US trade for 1000 shares and the US price goes up a penny (30%)??? None of this tells me the stock trading is of any meaningful substance. So while I'm reading all sorts of speculation of where Audet is taking this, my take is the opposite is happening. This company seems to be on its last breaths.
Everton Initiates its 3,000 Metres Drill Program on Arroyo Carpintero (Ponton) in Dominican Republic ... OTTAWA, ONTARIO--(Marketwired - March 2, 2017)
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