GREY:XMTTF - Post by User
Comment by
juststocks500on Jan 10, 2014 10:35am
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Post# 22077843
RE:Next steps
RE:Next stepsBy the way it's trading' i'm guessing today is the best day to announce something along the lines of the Native agreement and cheap .125 cent shares for them (rebate to current market).
This would make the share price close at .125 and end a very important step. All technical signals would be well back into "normal" trading terriory with MACD ready to recross again sending the "buy" signal for the next leg.
Although they are not yet listed as participants at the event, they mention the Vancouver event on their Web site (19-20 Jan). I believe this would leave them next week to announce the formal drilling plans making them look much more attractive in Vancouver for potential investors/partners to join once Graphite discovery is confirmed. They can/should announce the drilling plans whether they have permits in hand or not given "prospective" drilling is really a formality. The impact would be much better of course if they hold the permits. So I'm guessing that's what is holding up that piece.
So until then, I see the close at .125 before the seriousness of all this transpires at last. Once drilling news is announced, the train leaves the station hopefully to never come back.
That's my guess.