GREY:NCNNF - Post by User
Comment by
xelanitramon Apr 26, 2019 12:22pm
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Post# 29675168
RE:RE:RE:RE:RE:There has to be some news soon
RE:RE:RE:RE:RE:There has to be some news soonBtw, I dont like to make predictions - just consider possibilities - but here's scribbles on my own chart (for late licence cases. Earlier licensing would have a positive effect)...[ https://www.tradingview.com/x/Lr4PMGZG/ ] My thought (on probability) is that it will likely remain between 0.85 - 1.05 until licence or other significant news, then head north to at least the last financing price or 1.36. Could it go higher or lower in the mean-time? Sure. Even without licence, from this point, or beginning soon, I think there will be a licence anticipation effect that will kick in to provide support (thinking like the slow rise in JWCA leading up to their recent licence). That said, if it takes too-too long (i.e., thinking June) then anticipation may turn to pessimism about whether even a single crop is possible. That's a long ways off though and I'm thinking, interim, we're okay for now. Go NRTH! Working hard, winning awards!