No insider sellingSo far this is just being driven by regular trading.
I am seeing references to gpm in several stock forums and there also appears to be much interest in Guyana the country. Many are seeing it as the next hot spot.
I have also been seeing many references to Guyana Goldfields as being a company that is ripe for a takeover.
Which all goes to explain the volume and price we've been seeing lately in this stock which, with no Guyana property and not even any active property, should be firmly lodged in the toilet but instead has been trading steadily with decent volumes and holding up price wise.
So there seems to be many people paying attention to Guyana which IMO means that if GUY does sell [or announce a pending deal] GPM could take a nice pop.
However there are also several other ducks for GPM to get lined up which may drive the price higher even before a GUY announcement. EG the sale of Coppermine and/or GUY selling one or two of it's Guyana properties to GPM which would lend the GPM name some legitimacy. Despite the usually negative reaction the dilution another placement causes it may end up being good news in this case if it's for repurchasing it's shares from GUY or buying a property or two from them.
I'm looking forward to what will happen next. It's going to be an interesting fall for GPM shareholders I think.
Anyone else have any thoughts?
Hang in there fyrftr I think your day is finally coming.