Starting to move again......Haven't posted any commentary on this company in a very lon tine, as there's been really nothing to report or comment on. But this week we have seen a drastic change and iy has been a very active preriod in regards to the rading in the company's stock. Traading volumes & price have both appreciated greatly with really no obvious reasons or news to account for it. Most of the time, i would attribute this to some form of insider intervention as they are usually the culprit to account for the manipulation & nothing else. This time it may be different, even though i beleive it is partially the case and they are responsible, there might be some solid reasons behind it. Like my last post states, "Pump or Genuine move?", the last move was a slight pump, this tme it may really be genuine.
We wil see where this goes and where the insiders are driving thisin the next couple of days or weeks. If there's ANY really solid move behind this and history is any guide, it will be followed with a robust news release with some significant events within the company. Therefore i will be expecting some sort of update on operations and maybe a restarting of o new drilling programme on one of their two main assets. Like i've mentioned many times in the past, this company has the best of both worlds and has it's toes deeply dipped in two VERY critical industries for the EV revolution. Just a small success on just one of the two is sufficient to be a major company maker. Just imagine what could happen if they can possibly hit on both?
For shareholders i continue to advise to hold & not sell for peanuts. I personally still hold my entire posistion, haven't sold one share and won't for some time. If things play out as expected and mgmt are smart, credible, reliable and don't F around with stupid greedy shenenigans, this could be a real success story for all involved and s/h will be VERY happy.
Good luck & God speed