RE:RE:RE:Speculative Buy"So maybe nothing to do with AXU itself?"
Of course not. But such price movements often arouse interest in the curious. Just more data to consider, sometimes irrelevant sometimes proved pertinent. Sometimes silver drops, and share prices go up, and vice versa.
Sometimes lowball share offerings come.
...
GATA June 29 - Jul 9th. Share price up 2 dollars USF on low volumes. Cdn T.GADA up 4 dollars.
Silver 6/29-7/15 up 50 cents.
12 July '21: Gatos announces proposed public offering of 6.5 million shares, plus 1.8 million from holders, total 8.3 million shares. Pricing TBA.
13th, 14th, 15th, volume 10 million shares. Share price drop from 19 to 13 USF. Cdn, 24 to 16.
[15 July] Gatos Silver, Inc. (NYSE/TSX: GATO) (“Gatos Silver”) today announced the pricing of a public offering of 8,930,000 shares of common stock by Gatos Silver and 2,500,000 shares of common stock by certain selling stockholders at a price of US $14.00 per share. [total 11,470,000 shares] In addition, Gatos Silver and the selling stockholders have granted the underwriters a 30-day option to purchase up to 1,339,500 and 375,000 additional shares of common stock