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Bullboard - Stock Discussion Forum Kodiak Copper Corp V.KDK

Alternate Symbol(s):  KDKCF

Kodiak Copper Corp. is a Canada-based company that consists of the exploration and development of base and precious metals throughout North America. The Company is focused on its 100% owned copper porphyry projects in Canada and the United States. The Company’s projects include MPD Copper-Gold Porphyry Project, Mohave Copper-Molybdenum-Silver Porphyry Project and Kohuna Diamond Project. The MPD... see more

TSXV:KDK - Post Discussion

Kodiak Copper Corp > Strange price action
View:
Post by DrillMonkey on Feb 15, 2024 12:03pm

Strange price action

The trading in KDK has been pretty suspect the last few days. The drop below .50 on a burst of volume a couple days ago was clearly orchestrated if you look at the trades that day. I think someone is trying to flush out weak hands before the assay results from the Breyer Zone come in. They trenched out high grade at surface at Breyer in 2022, and then drilled it in 2023. Those Breyer results haven't been released yet. I'm thinking those are going to move the share price. After all, how can you miss drilling high grade when the holes are collared right into it from surface?!
Comment by stockbullied on Feb 15, 2024 6:16pm
I thought the same re: trading pattern. Hope you're right about Breyer results!!
Comment by DrillMonkey on Feb 16, 2024 10:34pm
Yeah, on Monday there were a series of trades involving multiple brokerage houses on both the buy and sell sides, on multiple exchanges, and all the transactions were executed at the exact same time. You'd never see this without software in a highly liquid stock's trading tape, but because the trading in KDK is so thin, the manipulation becomes obvious when you look at the record. I have a ...more  
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