RE:RE:RE:RE:FF share price is unusual in one senseHonestly, there's no doubt it's oversold. If you simply do the math to where it was valued when gold was lower, it's a steal. Technically, GDXJ could stop selling at any point and be within their limits as far as company percentage owned. That being said, selling could stop today.
However, KN bought at $0.81. I'm sure once he heard he was being sold out of GDXJ he made some calls. If he thought it was a deal at $0.81, surely he thinks it's a deal now, but I haven't seen a buy recently. The day you see KN buying, is the day you want to get back in hard. The flip side of that, is that us peons don't have that kind of knowledge, and have to react. My advice, and it's far from expert, is that buying now over the next few weeks guarantees you get in NEAR the low, which is better than most of us do anyway. The selling will stop, it will be TSX listed, the new value of the company will be exposed, and the story with GDXJ selling off provides a great pump story for all newsletters going forward. GDXJ bought this company - 85M shares worth - knowing the value of the company current and future. They are only getting out due to red tape, NOT fundamentals. A screaming buy is one where you know what the low will be, and none of us do - but I would go so far as to say it will be within the next 10 days.
Good luck to everyone, and stay calm!
C