RE:RE:RE:RE:RE:RE:RE:Getting down to the wireIt could be anything, such as things didn't materialize, the well takes longer to restart. Drilling takes longer than expected. Etc Capital raise . Anyhow.. there are reasons why people don't tell others their intention on trades especially with illiquid stocks .. I buy when I see fit. If this company is worth 35c alone.. then it will be worth 35c now. . It's at 9 c because there are many unknowns .. could be good. Could be bad. If one of you think it's worth 35c..then you can buy it at market price up till 33c and still make money
copperplay wrote:
AyuFan wrote: I will let you guys know when I obtained shares at the price.
I think it's based on the price of the shares vs. news available.
i.e. if there's a promising reserve and progress report comes out, it wouldn't make sense for me to get shares at 6c because it won't get there.
if there's bad news.. then it makes sense to expect shares to drop to 6c.
There have been events in the past month or so.. but I will let you know if/when I bought my shares. I think i've express my analysis in the past about it and I don't really want to get into it anymore .. some people posted valid points here as well.
what bad news could happen now? PSC signed and signing bonus cheque cashed so only good news coming next