Seadog 19I think this is still a very much "under the radar" story.
I have noticed during the run up that Desjardins seems to be the main house doing the acquiring. My broker however tells me they were not the host brokerage when the IPO was distributed. She does feel however that even though this remains as a "penny" issue there has been some institutional interest generated.
Checking on the TSE listing the number of outstanding shares (excluding escrow) is only 13 million. I have a personal standard for defining "active" and that is one percent of the outstanding shares on any given day. For this issue that means anytime they do more than 130,000 they pass that test.
I am starting to suspect there are very, very few people involved in this and likely most of those are here in the West. Could be an interesting ride once those drills actually begin to turn. I have no geological background at all but wonder if MOLY is one of those minerals that sort of "leaps out to the naked eye" if in fact it is present in abundance in the core.
Had a couple of good solid rains here in the lower mainland. That will start to wash off the remaining snow from the high slopes and open the way for the company's drill plans.
Would be nice to not only realize some substantial equity gain but also have the opportunity to exercise options at a decent price. That becomes a win, win situation as it gives profit to the holder and adds capital to the company treasury.
Onward and upward.
Montrose.