TSXV:CAV.H - Post by User
Comment by
mining_pays_my_billson Jun 16, 2014 3:32pm
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Post# 22664383
RE:RE:Bid vs Ask
RE:RE:Bid vs Ask0.05 is gone finally. This morning there were only about 200k available for 0.05, but I guess as the buying continued a lot of sellers lowered their ask to 0.05. But now after half a million shares sold, there are no more available at 0.05. The ask is now 0.055, and the bid at 0.05 has been growing. Keep holding and they will raise their bids. It worked to get the price to where it is now, it should work for the next leg up. Volume has definitely been up the last few days, i think a lot of people have caught on to the value of this stock, and are trying to get in before the next news release. Think about what's coming- construction completion, commissioning, initial production, ramp up, possible buy out. There is no bad news coming down the pipeline (maybe except for lawsuit, but that's a year off for sure). Each good news release should add a couple pennies to the share price.... and there are lots of good news releases coming.