OTCPK:NGLD - Post by User
Comment by
wreakhavokon Sep 28, 2020 5:03pm
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Post# 31632735
RE:RE:RE:I paid 89 cents a share
RE:RE:RE:I paid 89 cents a shareBoy...I wish i was Right 80% of the time..what you are saying seems to make sense. So let me get this straight..
Hypothetically, someone could have 2 million warrants exercised at $.20 , may have an idea of the drill results, and well everyone is waiting to find out what the heck the results are, he can drive the price all the way down selling all the way. He now has enough money to exercise the warrants, but the stocks are still well in the money. To him, it doesn't really matter how far it falls...he is in control.
Meanwhile all the rest of us are sweating bullets....does this reasoning make sense?... let his buddies know what he is doing and tell them to wait for cheap shares?
That's weird ...on sept 9th when the Pinnacle digest promotional article came out was when the selloff took off.
Nevada Sunrise holds 20% of Kinsley....and they seem to be hanging in there ok.
I haven't sold anything...but now I'm up to my neck in shares. Hope my theory is right......