Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Sun Metals Corp. V.SUNM

Sun Metals Corp is an exploration stage company with its principal focus on the exploration of the Stardust Project located in British Columbia, Canada. The company operates in one operating segment namely mineral exploration in Canada.


TSXV:SUNM - Post by User

Post by Goldnboy1on Dec 19, 2018 6:39am
75 Views
Post# 29133218

Patience will be rewarded any day now!!!

Patience will be rewarded any day now!!!

The only reason the opportunity exists to own shares at this level is because the previous owner spent the past month or two selling off the shares they recieved from the RTO.

Often times the previous owners have needs for the capital related to new business or perhaps old responsibilities related to their private or past public company. So they look at an event in the new business as a way to liquify their old assets regardless of the new owners situation. 

The amount of shares for 2018 escrow payments to the previous stock owner was roughly 13 million shares. Since the discovery we have traded roughly 39 million shares.

It is highly likely that when the next large volume event occurs.  This holder will have very few shares left to sell to slow the stock down as they knee knocked the stock on the initial discovery. 

If this discovery was made in a stock that was not a fresh RTO we would probably be trading at .40-.60 a share right now. It is my anticipation that once this seller is finished (Any day now). The stock will move up into that range!! If we get great results, we could move through this range with relative ease!!

PP Closure - Any Day?
Drilling Results - Any Day?
Hole 421 Downhole EM Results - Any Day?
Early 2019 Exploration Plans/Timelines - Any Day?
Claims Staking Expansion Disclosure - Any Day?

I have a map that shows an awful lot of newly claimed land riding our boundary to the West, North and East. Owner is not yet disclosed. I believe the owner of those undisclosed claims will be SunMetals. Inbox me if you want a link to the map. Not going to post it publicly as I am on the bid and still need a few more shares!! 4 mil market cap. Anticipating a 10-15 mil market cap if the SUNM discovery keeps growing!

<< Previous
Bullboard Posts
Next >>