Institutional Buying! Institutionals rarely buy an explorer trading at pennies before drill results reveal the potential because of the high risk. The fact that they bought today speaks for itself. You can be sure they did their DD to justify buying a position in this sector.
Let hope it was a starter position and they want more shares.
Pershing Securities Canada Ltd.
Services: Institutional Clearing, Institutional Trading of Equities & Foreign Exchange
https://www.tmx.com/en/about_tsx/part_members/members/143.html