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Spur Ventures Inc SPVEF

Metals & Mining Industrial Metals & Minerals
"Atlantic Gold Corp is engaged in the acquisition, exploration, and development of mineral properties. The company explores for gold. It holds interests in the Moose River Consolidated Project comprising the Touquoy and the Beaver Dam gold deposits; the Cochrane Hill gold deposit; and the Fifteen Mile Stream deposit. All the business activity is primarily functioned through the region of Canada."


OTCPK:SPVEF - Post by User

Spur Ventures Inc > MM Flashing Bid Ask Trade
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Comment by profittaker1on Aug 28, 2017 6:48pm
100 Views
Post# 26630195

RE:RE:RE:RE:RE:MM Flashing Bid Ask Trade

RE:RE:RE:RE:RE:MM Flashing Bid Ask TradeThere has been a market maker in the warrants for a few months. I first observed it when they rose above $0.70. The mm usually buys 5k and 10k lots at a trailing $0.02 to $0.03 price to the intrinsic value. I observed the same size bids at that same trailing discount at least 10-20 trading days that I watched for it. The bids move frequently to continue to trail the stock price at the $0.02 to $0.03 discount.

It really cannot be a bad thing. Some large players want as many warrants and shares as they can get before this thing goes for another run. With gold breaking out well above the 2017 high today and the mine commission under way, our patience will be rewarded very soon. Gold is at $1320. 40 as I type, it just rose another $10 in the last hour.
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