High volume, new day and 12million on the bid...03 cents !!hi all, Its a new day and now all settlements are for 2023....so now the tax loss selling is over and we are now looking at a new ball game for this penny stock. So to start over 12million shares on the bid and the ask price of .01 or .005 will not last long today. As we start to look at GOLD and the miners who are low market cap or even juniors that have the property but not the management team to run it. They are all up for grabs in 2023 so get ready. As for Pure Gold Mining, best play to own a mine in Red Lake with all assets that come with it at these low prices is a GEM!! So forget about the major investors as they are gone and forget the mathematics as now we are in a cash offer or here is what you are worth for a buy out. I believe with the 728million shares outstanding...we could see about a $60million valuation on the assets alone and that is a good deal! So my target is
.13 cents a share. So whatever happens we are going higher and the fact we trade on the NEX exchange we are protected until we see the news. So for now this is high risk and take profits as soon as you are in the green.
TAKE THE MONEY and this is nothing more about trading a penny stock...or should i say the best story for a penny stock that is in GOLD 100%. So right now see the latest update from Greg on the markets....its a good one!
Gold is now officialy trading for 2023 and we will go higher and higer into January. see the latest chart below from this morning.
Now we look at the trading history for today as we have new volume for new traders into 2023. Use this link today and you will see how quickly we move and the size of each order.
https://money.tmx.com/en/quote/PGM.H/trade-history below is the chart on pure gold and you will see we have some nice green candles starting..this is what we want to see now that tax loss selling is over.
Below is the bid vs ask for this morning. This will not last as our technicals are increasing to a Neutral buy in the last 10mins...More BUYS are coming into play.
Level two quotes - Bid | Number of Shares | Bid Price |
| 20,462,000 shares | 20,462,000 | 0.010 |
| 18,181,000 shares | 18,181,000 | 0.005 |
Level two quotes - Ask | Ask Price | Number of Shares |
| 0.015 | 5,081,000 | 5,081,000 shares |
| 0.020 | 3,654,000 | 3,654,000 shares |
| 0.025 | 2,263,000 | 2,263,000 shares |
| 0.030 | 973,000 | 973,000 shares |
| 0.035 | 997,000 | 997,000 shares |
| 0.040 | 1,053,000 | 1,053,000 shares |
| 0.045 | 3,000 | 3,000 shares |
| 0.050 | 108,000 | 108,000 shares |
| 0.055 | 11,000 | 11,000 shares |
| 0.060 | 77,000 | |