RE:RE:RE:RE:RE:We need rebounce from the Venture ExchangeYou're right more news would be more interesting, but a reason I've stayed that long with them beside the lower price, is they can any day pull out a 1 million dollar diamond. Their current market cap is 2.34 miilion $, The maket could then go crazy. They are just taking it way slower than I expected and Tucker move was definatly not in the interest of the shareholder, but he has no more left and the price can't go much lower.
Here's what I mean by we need the Venture market to rebounce. We need the market maker to give liquidity on the market, I believe if the Venture market was stronger, it could've absorb the selling of Tucker much better. As for his reelection, I still see him as a chairman, not a CEO. If you're refering to CEO.ca/tgv, they say "Director of issuer" because he's an insider and must report all of his transaction regarding TGV. But when you look at the website, Tucker is Executive Chairman, Khalaf is CEO and Director.
This graphic is TGV Weekly in Heiken Ashi candlestick versus the JX (S&P/TSX Venture Composite Index) in black line.
The prices are logarithmic so each distance is the same percentage. For example, the distance between 1$ and 10$ is the same as 10$ and 100$.
The correlation between those two are really high, and with a lot of other mining stocks. Gold is making a comeback, maybe it will draw back the attention to mining stocks and we get another run like 2016. Cannabis and Crypto kind of have killed the mining market.
