RE:Strange move lower PedroPistacio wrote: Having been an investor for 25+ years I am well aware of odd moves in share prices in the short term being soon forgotten aberrations over the long term. Nevertheless, given that the stars seem to somehow be aligning for Verde I find it strange understanding the mindset of a seller right now. Not big volume though.
Hello Pedro,
Yes, an unexpected drop and I was happy to pick up a few more shares at a price under $1.30. You never can tell what circumstances prompted a specific seller to put in a market order before the open, and as long as it is limited volume, Just treat it as an acquisition opportunity.
I would like to know more from the Company about the lawsuit filed on October 12 as Geralda Dimas da Silva versus Fvs Mineracao LTDA. I believe it has to do with a claim of ownership of the land under one of the mining concessions.
Perhaps someone has seen this and thinks it might be a good time to bail out.
Cheers,
S.