RE: RE: .07 cents...SP down to 11 cents today....on big volume......here comes a nickel....good luck to GAL trying to raise more cash....everyones running...guess I'll have more wallpaper.
What do you mean everyone?, It was only one seller (through ETrade) and a couple of foolish panic sellers.
The Etrade seller had a large block to dump and was breaking it up into smaller chunks to unload it. ... I can only guess they were/are giving up and taking the tax loss.
Besides myself picking up close to 200K there were plenty of other buyers stepping up to the plate to take his shares, which was about 500K.
When I read the Q3 report I was hoping to get a chance to get back in, but didn't expect it so quickly.
We have growing production & revenue and descreasing expenes. More shifts are being added this month with the goal of reaching a 24/7 operation in the near future. It does not get much better then this for picking up cheap shares during tax loss selling season ... xmas just came early for me ;)
https://www.smallcaps.ca