Post by
BadgerBob on Jun 30, 2020 4:19pm
Well that didn't take long...
It's like an echo chamber on this thread, I feel so alone. LOL.
I hate posting cosecutive comments but oh well.
RBC came in at the close and chewed throgh 1.5 million shares at 8.5 cents
in about 20 minutes. Total buying for them was 2.0 million. Now we're talking
a bit more serious $$ amount. Someone was willing to spend at least $100-150 thousand
quickly which I deem as positive, but like I said we are still early.
Quick update of the market cap: in the interest of clarity on a fully diluted basis
(342 million shares) we are now at $29 million. Depending on what your outlook for
the properties are, Sprott would guess this represents about $20-25 per ounce in the ground
which is still pretty low for a deposit that should be easy to expand.
Do your own due diligence. I am long.