RE:RE:Its not goin to go past 6 cents until the nextJoseph_K
1 million share purchase on Wednesday (CIBC) and 2 million share purchase today (RBC). Both at 4.5 cents. Not significant in terms of money spent obviously, but definitely a shift in trading pattern.
For months on end we have seen large blocks of shares being dumped on a bunch of smaller bids. It's therefore nice to see larger purchase orders hit the ask for a change. I believe investors are slowly waking up to the possibility that the days of single digit SP might be coming to an end here...
I definitely believe that PKK will be in the money a lot sooner than many of the hyped up MJ stocks, and I therefore agree that we should see some rotation out of that into PKK at one point.
Today's NR gives some valueable cluses as to what's possible revenue wise. Based on that, I believe that we'll be trading north of 10 cents come year end. If Q3 should come in above expectations coupled with more lenders signing up (not just Chinese ones, but one or more Canadian ones as well), I believe we might be pushing 15 cents or higher...
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