THis is quite a hoot - Kaiser writes up the SVB as getting a bit top heavy on market cap, goldilox brick heads south, taking everything along, VSE surveillance notices a bit of a sell-off, so halts the stock on 2 preliminary drill holes to 180 meters of a 14,000 meter program (about 1% of the total drilling planned), Donner must oblige and put out basically visual observations, stock drifts down some more, post does its usual -in-depth implicative insider leak story, and.......
Well the insiders who likely sold off most of their stock in the runup so far are likely saying thanks for the excellent teamwork of everyone to bring the stock down, so they can load up again.
Guess the VSE and Post expected Donner to hit an ovoid grading pots and pans core on the first 100 meters.
The VSE surveillance and Post story are simply no more than misleading meddling, neither action of which served to relate anything other than unsubstantiated innuendo to what was likely simply a long over due market correction.
Gee, the TD bank, and a few others have had bigger corrections in the past few months. |