I would like to talk to him as well. Do you have a contact number Barrie? Tia
I was just talking to Jeremy at Minera IRL. Still working to finalize financing. They don't really understand the games being played with the share price. I really think someone's working very hard to shake out the weak hands. I think Maxo may be a part of this. If you have a lot to invest and you can shake out shares for low prices, you can get that many more shares and make that much more money when this goes back up to 90p. I've been watching level 2 every day and watch the little guys buy high and sell low so whoever is doing it is getting the cheap shares they want. As for me, I'm buying as much as I can.
Not too mention gold has been up $14 today, now up $7.
It does look bad. Someone keeps loading the offer. Volume is huge vs. daily ave. Could Maxo be right? Barrie, our track record is not stellar.
Maxoscar1 Do you have some info you can share?
Im a little leary as well. I did sell some higher though so I will not be decimated if we go lower but there is a breaking point!
I think it's bullish because this one buyer has put in many hundreds of thousands of dollars in the last few weeks on the TSX and they are from Canaccord. Canaccord is an insider. Their customers are not of course but they obviously talk and ask for recommendations. The seller is still Dundee and there was also a arbitrage to be done which was logical. So I think we're becoming more and more bullish because I really don't think that buyer is uninformed.
That is encouraging and I have not called them so all I have done is speculate. Not the best strategy. Thanks for clarification Barrie
Thanks for the explanation, but if you call them, they'll tell you that there is no private placement coming for a long time. Financing first, then time for stock price to build (with marketing efforts) and then a private placement some time in the future. If there's a private placement when we're under 15p, I'll be very disappointed.
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