TSXV:HRE.H - Post by User
Comment by
TrickyGameon Nov 22, 2021 6:49pm
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Post# 34154902
RE:RE:Patiently Waiting
RE:RE:Patiently Waitingmrstockguy wrote: Is anything happening or is the news that Boris drip fed everyone saying he was keen to announce a load of BS again.
Boris said they are working on some real prospects that they will announce in due course.
Now here are my thoughts (I could be wrong)
1. There has been no insider transactions since the company resumed trading. Even when the share price was $0.04. Insiders are prohibited from trading when they have non public info that could affect the share price. Given that it's been two months since trading restarted and there still have been no insider transactions that directly supports what Boris said.
2. From October 12-20 there was 5.57 Million shares traded all exchanges with from what I can tell the vast majority of those trades were buys. There was no news during that time. That kind of buying with no news is unusual. It could be that the buying was anticipation of news.
3. The notice of meeting filed on Sedar at the end of October does not specify what the Special Meeting of shareholders would be about. It could have something to do with the future of the company we will have to wait and see.