Does Clark release news according to CU volatility?C'mon man ... let's not go down that road ... AGAIN !!!
Clark and Thompson made the case for CU and the generational opportunity in investing in explorers that have solid projects in the space ... so you're saying copper goes a bit soft from when it was getting ahead of itself and all of a sudden Clark is holding back news on drill results because of it?
The CRUX dude set the stage for the price destruction that took place when he was questioning Clark on raising funds while funds were available. Hmmm ... the company decides not to raise more funds at that time because the terms were chitty and then the selling accelerates and low and behold huge asks start to appear.
Some tried to explain the huge asks away as being spoofing. Nope ... the asks were real and they have been most responsible for the price destruction ... not volatility in CU. Sure ... CU going a bit soft isn't helpful but there is no way that a good hit on the exploratory hole into that magnitudal anomaly doesn't change the dynamic that the CRUX dude set into play.
If the company hit something exciting ... it doesn't matter one bit what the CU price was on that day ... they would f'ck'n release it.
Something isn't adding up here. Either they missed the target which would be some kind of fail. Or ... they hit the target but there was nothing exciting in the core so they are drilling more holes to see if something worth releasing will turn up.
Maybe there are other "or"s to explain things but it isn't Clark holding back news because of the copper price.
Even if they decided not to hit the core with XRF for a preview of mineralization in the core and opted to wait for lab assays they would have still announced successfully hitting the target and described the lithology of what was concealed within that massive anomaly.
The fact they haven't announced anything suggests they are not confident in the modelling they have done ... imo.
Also ... there is a group of players that will never complain about missing the boat on buying cheapies right now and those are the players behind the big asks ... they're selling yesterdays cheapies disguised as todays cheapies ... it's all relative.
Now I'm going to be more than happy to see Clark shock and awe the market with something huge if he has the good fortune to be able to bring something huge to the market.
The idea that Clark is holding back ... c'mon man ... that's old hat type of chit there ... lol !!!
If the next news is on the Tin JV being tightened up then something really did go wrong with the drilling.
There is no case for holding back good drill results ... not a one.