Seems free market itself blocking speculation .... HAHUntold story of dark side of speculation:
....Steppe Gold Ltd. announced the appointment of Mr. Batkhuu Budnyam to the Company's Board as a Director....
https://www.marketscreener.com/quote/stock/STEPPE-GOLD-LTD-43444401/news/Steppe-Gold-Ltd-Appoints-Batkhuu-Budnyam-to-the-Company-s-Board-as-a-Director-34240451/ In that time SP was far below than $2, nearly $0.8....But suddenly when he left without any news. During July'19 to July'20 SP rose up to $2.7. Someone made a lot of money from that speculation & left....HAH.
https://finance.yahoo.com/quote/STGO.TO/history?period1=1562803200&period2=1594425600&interval=1d&filter=history&frequency=1d&includeAdjustedClose=true Since that speculation SP never rose. Still jumping around $1.0. But now they announced private placement and started again speculation. Familiar scenario. Isn't it? ....HAH
By looking gold historical price chart, everyone can easily understand that STGO never used any chance of price uprise. During 2020 - 2022, goldprice almost 2 times hit 2,000$/Oz. Avg was 1,800$/Oz
https://goldprice.org/gold-price-chart.html Now they dreaming about listing in HKSE with far lower SP than IPO.....HA-HA-HA ... Nice try STGO