YEAR END PUMP for SUCKERS?ZOMBIE?ODER to TRADING?We have seen thi same pattern of trading over and over, refer to trading history over the last 3 yrs, a lot of excitment only to see the Stock SELL OFF after the usual suspects Pump/Hype/Create ?? trading patterns seeking the unsuspecting Buyer/SUCKER. Its the same group of traders we see on EPL and other related stocks.
FINANCIALS? $4 mil and sinking, lets see how the Cash burn is over the next year and at what price will they try and raise $$$, 10 cents, 8 cents, 5 cents???
SELL if you can? Buy only solid low cost producers for a dead cat bounce in both Gold and Silver and then SELL - HOLD your CASH.
Remind buyers FNR - FOrty Nine North - large share holder has their own CASH / Financial issues - refer to Sedar and Auditors reports and Emphasis of Matter noted by the Auditor. Plus FNR is like a Zombie Roach Motel for investments and rising losses since inception and illiquid portfolios refer to FNR's holdings and prices.
All the above in my humble opinion and based on trading records of EPL over the years, MKTS, SEDAR, public statements by MGMT and etc.