Post by
argaiv on Apr 09, 2022 11:16am
I Like The Low Market Cap
I know there are investors and brokers who play the drill hole results. They try to get in on a discovery at early stage. Westhaven had a lot of excitement when they first made their discovery, but investors were not seeing the results they wanted and they slowly sold off their shares. Suddenly they hit a good drill hole and more than likely some of those same investors came running back. On the day of that new drill result from Westhaven there was selling by investors on Regulus Resources. This one company had me invested in both stocks, and I am only speculating that some of the selling by Regululs shareholders was to take advantage of the new drill results reported by Westhaven Gold.
On the day I first purchased this stock there was heavy buying and I wondered if a broker I used to go through was buying the stock. I know how he works. He looks at news releases all over the entire sector, and he tries to get his clients in early on new discoveries.