Gotta think long on these kinds of plays...Don't let bashers and wankers tell you how to handle your financial affairs. Approximately 35,000 volume on a 61 million share company, that's 0.05% of the total number of shares, which is nothing. The float was low, so all it took was 14000 shares selling off to drop the price the way it did. The bid is still at 9.5 and the ask is still 10.5, so it's nothing to worry about. There's a ton on the bid as well at 9.5, so there's a solid interest in this company.
The only reason why it's selling down is because of the lack of NR. A lot of the company's key people have been on vacation, plus it's summer, plus assay labs are backed up. If you sell based on the last month of trading, you are out of your mind. This is not a penny flip stock nor is it a get-rich-quick stock. Unless you came in at 5 cents and sold when it was at 17 cents on your heinsight, you are not going to make money in the short term.
Consider all of the money in the bank for this corporation, the latest PP, as well as all of the drilling going on. It took them years to get the drill targets determined and they have optioned out 2 of the Carmacks properities this year and they are going to be drilling 2 or 3 more properties if not more this year.
I hate to say it, but selling at this point is stupidity. I have my bids up ready to add more to my position. It's going to take more than a few months folks, so holding long is the only thing you can do, but it will pay off in the end.
Watch and see.