Black Swan Graphene Inc V.SWAN

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Comment by 1studenton Jan 10, 2024 3:19am

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Post# 35818703

RE:Black Swan announces development agreement

NewOpportunist,

Yes. I pretty much sensed that great news was on the way for Black Swan Graphene ( I said it for a fellow NanoXplore Inc investor at the other investors bulletin board); and yesterday we SWAN.V shareholders were treated to some great news, i.e. in addition to the share price closing at $0.13 on Monday.
Some profit taking happened yesterday and here SWAN.V sits at $0.105.

Apparently the recent 1,000,000 SWAN.V shares purchase at $0.07 by Paul Hardy, VP Corporate development for Black Swan Graphene, was the largest insider shares purchase occurring within 2023.
A 90% ROI having been experienced since the share price more recently closed at $0.07 (with a intraday low of $0.065) would have been a quick 90% ROI for Paul Hardy, i.e. had he bothered to sell his 1,000,000 SWAN.V shares into only this first movement upward to $0.13 for the SWAN.V share price.
I've had a $0.30 nearer term share price target, at which point I may consider selling half my SWAN.V equity position and allow the remainder of my equity position here with SWAN.V ride forward at that point. We'll see?

Ultimately though, I expect that $0.60 share price target for the SWAN share price, a call which J. Marvin Wolff suggested on behalf of Paradigm Capital, as can be found within Mr. Wolff's initiation of Black Swan Graphene coverage report dated November 8, 2022, would be just right.
Granted, J. Marvin Wolff simply doesn't have the best timing (nor do I); and yet. Mr. Wolff does eventually get the share price projection just right.
Paradigm-Capital-Initiation-Report-copy.pdf (theinvestorscoliseum.com)