TSXV:FCO.H - Post by User
Comment by
Doozeron Mar 09, 2021 11:53am
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Post# 32752869
RE:Very surprised with market reaction to news release
RE:Very surprised with market reaction to news releasecould be a sell on the news story with a portion of whatever is remaining from those 41.5m of warrants that were exercised at 0.10. If I had that many shares and a larger portfolio and Boards/clients to serve, manager returns, and risks I would still be selling some shares at this price if I didn't hit my target (i.e. sell XX% at an average sp of $0.YY, retain Z....). Still an amazing return for those who provided that financing that they will look like heroes on.
I think it's still great to buy at these levels, but have had my fill and look forward to a long and expanded drill program. If the SP dips significantly back to where I first entered then it will be a screaming buy and I will go extremely overweight on this stock.