V.SBM: Just keeping it real.....The news was great, looks promising..... However, in this market any news release is like shooting a BB Gun at a freight train. Investors are all desperate for cash and liquidity. So yeah, if you have a massive spike like we did, everyone and their mother sells. I am sure some of the guys who sold are on their way to Walmart now to load up on badly needed groceries and fill up the cars gas tank.
Then we have no clue on the timing on how long the results will turn into a potential deal. I expect the stock to settle at around 0.10 CAD. A clear time table needs to be provided and also an update on all the other things they are working on. Hype or long term outlooks dont work in this market that is for sure.
Just keeping it real.....