RE:RE:RE:RE:RE:RE:RE:RE:Short Sell Report Jan 1-15 2023 Time will show how management will perform! My assumptions are based on what thry have done so far which is never meeting their goals. Remember the drillings plans were announced in the Nov 2021 raise too but prep work started after the permit. Seems they were not confident enough that they will get it?
Also, I'm curious to see how Galaxy will interact with COMEX! How long will take for the approval, just a reminder that one of the comments received by CRE was that they need to take their reply seriously or something like that. It looks bad to management to get such feedback.
I'm here to make some money hopefully, not to marry CRE. My decisions are based on economics and market research but this puppy never fails to disappoint so far.
The share price stagnation is directly related to the raises Management did and all the warrants available. Other peers did raise but remember at a higher price than they were trading. So I do not balme the market for using the tools provided to make money, I'm blaming CRE management for providing them.
Stated many times before I'll exit at $2.5 at the permit news and my price estimate was right there compared to other posters here that were stating much unrealistic prices.
Revised my selling price based on JSL feedback and the overall market to again more modest $4 price range and now waiting for it to happen. Rant over.