RE: Houses AccumulatingI think the market cap of this is not bad. Outstanding shares of this is a lot lower than CAO. But the underlying principle is that it is undervalue compare to NPV of the scoping study. That is why the houses are accumulating. Not a good time to buy unless you are truly long. Maybe it has not reached bottom yet. Could go to the 60s or high 50s. New investors could use their capital better in Aun, Sam, or other stocks that have potential for quick turnaround. The way I see it. New investors should wait for end of the month or next month to buy it. By that time, the houses might have enough to fill their appetite and let this run shortly after and you would not any of the run up in price. Or you can be a daytrader and buy at the low of the day or a penny above it. And flip it for a penny or two profit.
JMHO