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Sun Metals Corp. V.SUNM

Sun Metals Corp is an exploration stage company with its principal focus on the exploration of the Stardust Project located in British Columbia, Canada. The company operates in one operating segment namely mineral exploration in Canada.


TSXV:SUNM - Post by User

Post by SStoktikkon Sep 23, 2019 4:41pm
189 Views
Post# 30156337

Reasons for price drop, theoretically speaking

Reasons for price drop, theoretically speakinglack of update, not really setting up a winter camp and drill program, no third rig, financing at lower pricing.You can take your pick of possible reasons,also the fact that a lot of the plays people are / were in have collapsed or drifting down.Id also state there is just a general mistrust of the downward trading pattern then disclosing bad assays after shares being blown out, this bull market in gold should be supporting this industry but it feels like a hoax.Itll just cause the whole exploration cycle to dry up and not exist.Theres just way too much junk portraying themselves as serious exploration companies.
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