RE:A down day for gold and most junior explorers..shiftyone wrote: As a former SGNL shareholder, I still don't have any NEXG shares showing in my account.
I expect significant selling and price pressure once they show up. Those who want the tax loss, and those who just want out. Tax loss selling, the last day is next Friday. The markets will likely be quiet in general next week. So not many buyers.
Sgnl shareholders were willing to sell at 0.065-0.07 in the last couple of weeks. Which is equivalent to low to mid 50's. It would not surprise me one bit if we see those levels. But I've often been wrong.
It's great to see that the new management has been in for.... was it about 2-3 days, and have already gifted themselves free shares. First things first right.
GLTA
It's true that the volumes of the last few days don't suggest that Signal shareholders have sold off much already, and that's worrying for next week.