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Euro Sun Mining Inc T.ESM

Alternate Symbol(s):  CPNFF

Euro Sun Mining Inc. is a Canada-based mining company. The Company is focused on the exploration and development of its 100%-owned Rovina Valley gold and copper project located in west-central Romania. The Company holds the Rovina Valley Project through a mining license which covers a total of 27.68 square kilometers (km2). The Rovina Valley Project consists of three copper-gold porphyry systems referred to as Rovina, Colnic and Ciresata. The Colnic Deposit is located approximately 2.5 km south of the Rovina Deposit and the Ciresata Deposit is approximately 4 km south of the Colnic Deposit. The Rovina gold deposit holds about 400 million tons of confirmed resources containing 7.0 million ounces of gold and 1.4 billion pounds of copper.


TSX:ESM - Post by User

Bullboard Posts
Comment by foundrymanon Mar 14, 2018 4:29pm
160 Views
Post# 27716037

RE:RE:RE:RE:RE:RE:RE:RE:Manipulation Days still on

RE:RE:RE:RE:RE:RE:RE:RE:Manipulation Days still on
mooseslayer wrote: Why anyone worries about a few hundred shares being sold is beyond me. If I buy a few hundred shares to drive the price back up, is that manipulation?


Well-said, Mooseslayer. Especially with thinly-traded names, people get fixated on the percentage swings. If today has a total volume of 10K shares and traded down 8%, does that mean anything? I would argue it doesn't. You have to look at the heavy volume days, on those days, is the stock appreciating in value, or selling off? Use the "manipulation" or the exhaustion of smaller retail investors to your advantage. I.e. In the example given above, without any news or updates from management or government, is the company really worth 8% less? Probably not, and if you're interested in owning the story, days with light volume and larger percentage drops are a godsend.
Bullboard Posts