In my 25+ years of speculating in pharma, tech and mining, i have never quite seen such a gong show lol.
Clearly there are many retail investors in this specie, and many are likely underwater and over exposed relative their net worth. Emotions are running high and several appear to be averaging "down" which is dangerous imho.
The main concern i have is whether or not management is capable or competent. Now that the PEA results have been released, the company and their brokers should be selling this to institutions and cleaning up the stock - ie getting into steadier hands. I have never spoken to management, and only once to the PR gal (i was less than impressed). Since the release of the PEA news, management has failed to sell their story to smart money. The stock price and volume prove that.
Like many, i too am underwater, and getting close to my stop loss limit. Hopefully we don't get there and i can start averaging up in a few weeks. With the broader markets and more specifically clean tech doing well, it is really up to management.
This has nothing to do with other stock forums, the "chief", bashers, flakers, Obama, or marble. The stock is worth exactly C$1.64 today and it is up to Mr. Eveleigh and his crew to sell this to smart money and industry stakeholders.
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