While it seems counterintuitive ...... could it be that someone sold today at the lows to lock in capital losses to offset capital gains on other stocks that are being sold before June 25th captial gains tax changes being implemented in Canada?
And if the seller is planning to replace the position in a flow through financing ahead of flow through benefits changing, then this could explain the large dump.
And it might explain why the bids are backfilling at 2.5 and 3 cents as bottomfishers try to pick off cheap shares ahead of exploration season getting underway.
Lithium juniors in James Bay are getting their bids smacked ... poor sentiment overall towards lithium explorers/developers? Or selling for tax planning purposes ahead of changes to cpaital gains taxes in Canada?
Just grasping at straws. Don't listen to me though. As you can tell ... I am a novice investor. And always do your own due diligence first.