RE:RE:RE:RE:RE:RE:RE:RE:What is the real story? Is Global still dumping shares? My level 2 quotes, show about 700,000 shares in bid interest and about 200,000 in the ask for price levels up to 5 cents below and above current 0.62 CdN respectively.
Last couple of days are odd - in that there looks like pent up demand, but the price ticks up a cent or two and then a seller enters.
Like you said, another fund/ETF, or same fund still selling shares......
Or someone seems to be keeping lid on price.
DML, CCO, NXE also still pretty range-bound....
Should be a break out soon - let's hope September volumes pick up and if Spot starts to near $30 we might see some nice moves.
The correlation between Spot and Canadian Athatabascan U stocks is not totally out of whack - even during the middle of the last 5 year bear on these explorers. We have not seen the spike in U Spot matched by Canadian Junior explorers or CCO - that should revert to more of a norm.
Could be lots of games being played behind the scenes.
Haven't been on twitter for a day - did anyone say who the "anon" buyer of FCU shares that reputedly bought the remaining fund shares being sold to achieve their % target - was it insider trade (Dev and Ross buying them up, or Rick Rule, ? - curious?!).
Would be nice to finally go over 70 cents Canadian permanently.....and climb from there.
Assays soon hopefully.