Hercules Silver Corp V.BIG

Volume on exchanges

[Gangsterme]

Could someone explain the trading volume. One percent ot shares traded on two exchanges, who would be buying and who selling with so little price change! Trading on pennies I guess.

[Retiredgeo]

According to the people on CEO a big block of shares became available for trade mid march.  It's the Core Assets story all over again.

[Varadero]

That's right, that pushed back the share price since a month ago while all precious metals including $copper gained around 15- 20%, otherwise BIG sp would be easy around $1.40. Nothing gonna stop the Hercules silver/Copper train. This is just a very short term pause. Warren Buffett, however, has given this age-old wisdom a fresh spin in his famous quote: “The stock market is a device for

[CaptainM]

RetiredGeo what is the Core Assets story?

[Retiredgeo]

A big pile of shares hit the market 4 months and 1 day after a financing severely depressing the share price.  Gangster and I both own shares.

[CaptainM]

Thanks.  Yes, very unfortunate that these escrow shares had to hit the market at a time the silver/copper is gaining in price, taking the momentum out of the stock and helping the shorts.  Absent these shares hitting the market, we would likely be trading in the $1.20s But, Hercules is liquid enough to exhaust the sellers and bounce back soon.   From ceo.ca mooselayer, Nisha