RE:RE:RE:RE:There she is! tarsands wrote: skiesthelimit, my target or possible target for this run is approx. $1.25 - $1.40 tops.
Why ? Take a look at the chart as you say, March 23rd we hit a high of $1.11 and closed at $1.08. On 1.12 million shares traded, day before that volume was 712,000 .
Yesterday we had volume of 1.13 million shares today we had 1.24 million shares traded. But even on the 30th of april we had just over 1 million shares traded as well. Or in 3 trading days they have absorbed over 3.3 million shares. In other words we had 2.2 million .77 cent flow through"s absorbed by them and maybe a few more.
Anyways if we can have 1 or 2 more days of well over say 1.25 million shares each day we might touch like i said $1.25 - $1.35 on this run, and then we will fall back on dwindling volume in my view. Until we get some more MEAT ON DEM DAR BONES
could be the .77 shares coming out or the ones issued at .52 or .315 or .28 but I'm inclined to think that it's warrants
according to the corporate presentation there are 19.7m warrants at a weighted average of .58
that's $11m for the coffers
and I know that some expire June 2021 and the rest February 2022
but really.....who cares where the shares on the ask are coming from, it's NOT from the company insiders
anyway, enough bs ing, hopefully the "trend is your friend" continues
get that drill going boys !!!!