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Staggered to see this falling back again today. Outstanding warrants are the bain of this shares life. We were 4.5p before the license was issued, can't believe so little value is attributed to the mining right. Was expecting this to climb gradually up from 7p. Any rise to the boil is quickly tempered with gradual fall.
He has never hit any deadline he has set and takes far too much money out of the company
Nothing goes up in a straight line - expect a few days were it pulls back but didn't expect 10% retrace. I would have thought there would have been more momentum behind the Tjate licence though, looking at what AMC did in years gone by. Saying that, a smooth rise beats a massive spike any day of the week.
My sheep has already been hung, I'm just trying to salvage some of the entrails, so may not be able to stomach staying for Druid results - let's hope the pre drill rise is from .15 to .30.
Nobody got any comment on the fact 5m shares have traded and SP is flat at best?
kalan is trader, will be positive in his post when he is in. will be negative when he is out ...
What I find strange here is that BLVN reportedly have $97 in cash left, VOG market Cap is about $80 so why didn't BLVN just buy VOG? they could have got it for $60 before rumours pushed the share price up 20% last couple of weeks.
Interestingly if you look at this link you can see why COC are unhappy. [link]
We will find out how the market view the deal at the end of the day, depending on increase/decrease on either company is usually a good indication on how the deal is viewed.