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Bocana Resources Corp. V.BOCA

Bocana is a mineral exploration company focused on the acquisition, exploration and development of mineral properties in South America. Bocana, through its wholly owned subsidiary, Huiracocha International Service SRL, holds a 100% working interest in the mineral properties known as the Escala area concessions ("Escala") located at the Department of Potosi, Sud Lipez Province, Bolivia as awarded by the Corporación Minera de Bolivia.


TSXV:BOCA - Post by User

Post by loopsbutterflyon Jan 15, 2024 1:32pm
136 Views
Post# 35827316

selling pressure

selling pressurelarge overhang at $0.025

I have the feeling broker1-Anonymous has a lot more shares for sale.

there is some support between $0.005-$0.01 but the buyers are waiting their order to be fill and nobody want to pay the ASK price.

the ask is at $0.025  and the book value is less than $0.01 per share

I suspect a dilutive financing could be just around the corner and I am betting for a stock consolidation as well.

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