RE:Pump and dumps In a word. Yes. If you look at the past cycles of this company. Be it hyped marijuana, closeology lihium, and now, closeology gold/siver. The pattern is the same. Company releases news about how it is breaking into a new investment paradigm and that everyone show come on board. Early investors load up on cheap shares; 0.01, 0.02 cents. Then these guys become very, very optimistic and spread the word.
The first cycle was in early 2013 (marijuana). The second cycle peaked in January 2018 (lithium). The current cycle started in December, 2019 (closeology gold/siver) and is still running its course. It might last another couple of months. I don't know. But if no substantive news comes. Like we found some gold/silver. People will exit.
There is a wall of support at 0.05. Which, coincindentally, is the excersie price for many, many, many options. Payable to company officers I might add. There also a ton of options currently at 0.08 cents. Very often people will attempt to short to the option price. Often they get there. This has been happening. Myself, however, I am not doing that.