RE:RE:What’s with the down days?NotSoBrave004 wrote: I don’t think there will be much of a change any time soon. As evident from both the recent and not-so-recent past, the price will not move much until hard numbers start showing up on the books. There is a bunch of news due to come out shortly but I doubt those will have a material (meaningful breakout) impact on the price. The next big movement will happen once a more substantial milestone is achieved for either KK-PH3, the Smelter or Platreef. I am actually surprised that Platreef didn’t bring a boost to our evaluation, especially under the present economic circumstances. Another possibility is if a deal is announced for WF. I don’t see how drilling alone would bump the numbers, the market seems very indifferent to “old news”. If a new player is brought into the fold with financial influx, that would stir things up. It is unlikely however, as RF stated IVN is doing all the development alone. Makes sense too, drilling is not gobbling up much financial resources. Relatively speaking…
I hope I am wrong, but this daily up and down doesn’t seem to change into a breakout any time soon.
Just another pullback before the next spike to new highs........as is common with this stock over the last few years.