need to break .20 cents for it to run
I pointed out on May 4th when news was released that it seemed as soon as 20 cents was about to break a flood of shares kept popping up to keep the price from getting above that level. Again last week when good news was released it couldn't crack .20. Remember not everyone's goals are the same. Retail investors want it to just run right away ASAP and when it doesn't they can easily be frustrated and panic sell or get worn out. Big institutions and big players want MORE shares at a cheaper price. If they can keep the price as low as possible for as long as possible they can acquire huge positions. They will sacrifice a few shares if they think they can break a rally so they can keep accumulating. Who knows if this is the case at the moment but I was following practically minute for minute those days when good news came out and it certainly looked like that was the case. Just like last year if we break .20 cents then I think we're going to see panic buying.
Go look at shares prices of some companies in the last bear market 15 years ago. Then look at them in the following years. Stocks went up 10, 20, 50 fold. The gold ain't going nowhere and there are so many drill targets this thing will be being explored for until after we're all dead and gone. This property is certainly special and one of a kind. I welcome panic selling and a lower price.