RE:Share price actionThey will picky to pay back all the loans. Maybe the new guys get first in line? What do you get. I'm
inse wrote: Hopefully, everyone has had the opportunity to re-read yesterday's news release in its entirety, and to digest its contents fully. Those who were able to truly comprehend the significance of it, and the extremely positive implications, in terms of the massive potential increase in shareholder value going forward, bought shares at the market open today, at 0.16.
As I write this post, the share price for some unknown reason has fallen to 0.145...it almost seems like someone is trying to keep the share price from moving significantly higher...maybe they don’t want KER to run up too quickly and blow past the 0.21 warrants that are set to expire later this month on Nov 27th? I’m ok with 21.2M shares not being added to our fully diluted total because we now have the necessary funds to move ahead and go into production.
Regardless, it is somewhat disappointing to see the market reaction to yesterday's fantastic news being so relatively subdued - even yesterday's close of 0.15 (up only 0.005 or 3.45%) on relatively low volume was somewhat confusing.
I understand that some people need to sell at the most inopportune times for any number of reasons. But to anyone currently selling out of ignorance, or for the purpose of trying to intentionally keep the share price down, I truly hope you come to regret your actions in the coming weeks, and going forward into 2021 and beyond, as Kerr Mines goes into gold production and starts making money had over fist.
We're only two hours into the trading day, but it will be interesting to see how we end up closing out this week.
GLTA