OTCQX:GTBAF - Post by User
Post by
vestor111on May 05, 2020 4:33pm
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Post# 30989820
People grabbing for the golden royalty egg?
People grabbing for the golden royalty egg?
There are bound to be quite a few of shares turning over for a few days as those grabbing for the golden royalty egg sell and move on. So be it. With all the drilling still to do to flesh out this beast, let them go.
In efficient market theory, the price change should be commencerate with the value of the asset spun. Essentially the value of these new shares is somewhat limited without an official resource estimate. But then there is the speculative value.
The SP will do what SP's do... Drill baby drill.
Tomorrow will be interesting. Or not.