Nickelex Resource Corp V.NICK

The pumpers are not winning the war...............

[ggrellette]

and this is confirmed by the stock price of 5.5 cents to 6 cents. Low grade is the problem here plus it is trading on the OTC board(grey market) although you buy it through the Venture Exchange. Many investors will not buy on the OTC market because it is manipulated by market makers.

[GoldenEra]

This post has been removed in accordance with Community Policy

[BooterMcGavin]

Pump, pump, pump!!! Nobody is buying your nonsense anymore. Your schtick is up.

[ggrellette]

The fact is the stock price is at a level that says the market could care less. Maybe u best stay with SSV even though they are not producing. If this company was doing great the stock price would be much, much higher. Now that is reality, not speculation or dreaming. Furthermore it would be moving with the gold price just like other producers.  Maybe the problem is they are in BRAZIL which

[defcon1]

Let's not forget the exchange still hasn't approved the deal, so there is something up there. VQA only owns a $2 million loan at the moment and not a gold producing property. I see Pilar taking this over at a bargain price as VQA cannot fund it at these prices. What happens to the stock price then?

[mferguson71]

There is a technical report that needs to be produced on the property. Maybe that is where the delay is. I agree defcon... if it's not approved by now something is up. It will be interesting to see what management's next move is. Covid as an excuse when it comes to paper work can only last for so long. If someone takes this property over I can't see them taking it at a discount, if

[baystock1]

Interesting thought as that may be a good way for Pilar to go public. May be Pilar can do an RTO of VQA at a price that is fair and a win/win for both companies.