Post by
waitingstill on Oct 19, 2020 4:44pm
End of day
Well, 958k shares traded wtih the last 10k traded at $1.15 despite the "official" TSX close of $1.12. All in all a great day. And one day closer to assay results.
Comment by
tbnorthstar on Oct 19, 2020 5:03pm
Cahoppy waters ahead with hopefully an upward bias. Still think some will take profits from the pp. I mean 17 cents to $1.15? However, most will probably hold here in anticipation of news. I would think if the lab is moving the request up the line you might see something as early as mid Novemeber, maybe even a bit sooner.
Comment by
tbnorthstar on Oct 19, 2020 5:17pm
That was the latest pp. THe one I mentioned closed on June 22, 2020 and involved a 17 cent offering along with a flow thru offer at a higher price. If they get assays within a week or two I would be most impressed. Not impossible by any means but that is really, really, pushing the envelope in this enviornment.
Comment by
waitingstill on Oct 19, 2020 7:37pm
Indeed you are correct. "the sale of 7,950,000 flow-through units (the “FT Units”) at a price of $0.255 per FT Unit for $2,027,250 and 2,452,941 working capital units (“WC Unit”) at a price of $0.17 per WC Unit for $417,000." Let's hope they are in strong hands and few are sold. I know I am holding for higher prices once assays are released.
Comment by
tbnorthstar on Oct 19, 2020 7:55pm
You would not be alone in that camp waitingstill. The upcoming free traders won't impair the eventual outcome here.
Comment by
JDLSJDKLFSSDF on Oct 20, 2020 10:05pm
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