No offense to any of you but when you make comments like "someone is selling to themselves", and "selling the news" That in my opinion is pure speculation.
There has been systematic selling for over a month. This is on the Barrons website:
| Name | Shares Held | % Outstanding | Change in Shares | % of Assets | As Of Date |
| Franklin Gold & Precious Metals Fund | 5.5M | 5.74% | 0 | 0.4% | 04/30/19 |
| Aegis Value Fund | 3.1M | 3.24% | 0 | 1.69% | 03/31/19 |
| JPMorgan Funds - Global Natural Resources Fund | 2.18M | 2.28% | -457.82K | 0.13% | 05/31/19 |
| JPMorgan Fund ICVC - Natural Resources Fund | 2M | 2.09% | -936.65K | 0.14% | 05/31/19 |
| Mackenzie Precious Metals Class | 1.84M | 1.93% | 0 | 0.54% | 02/28/19 |
| FTIF SICAV - Franklin Gold & Precious Fund | 1.72M | 1.8% | 0 | 0.41% | 03/31/19 |
| IG Mackenzie Global Precious Metals Class | 531.61K | 0.56% | -10K | 0.53% | 09/30/18 |
| | 65.55K | 0.07% | 0 | 0.2% | 12/31/18 |
| OAK Tree Junior Mining & Exploration Fund | 25K | 0.03% | 0 | 0.35% | 04/30 |
JP Morgan is selling. Be thankful that they are not dumping their entire position at market! It is very dissapointing that any major individual investor or institution would sell at this time. It has been an exciting time for Lion One and Gold. Until the sell pressure is over I don't believe that LIO will rise in price.
Good Luck to all longs