Post by
goldopportunity on Jul 20, 2018 5:32pm
Fwiw.......
Alxdf closed at usd .035 = cdn .0459 (boc 1.3142 close)
Alxdf finished the week up 16%. Closed session with the former usd .035 best ask taken out, and a new best ask at the next resistant level of .039.
To the casual observer, azx-v closed unchanged on light volume of 154K. Whereas most of the alternate cdn exchanges show azx up 12% on combined volume of 1.56M. So what gives? Looks to me that there was overwhelming demand from house haywood which bought slightly more than 1.4M. I suspect he ptb didn't want this relatively huge demand to overwhelm the primary exchange, so orders were routed to the alternate cdn bourses
Also, beautiful timing in getting that NI 43-101 released. Good work easycoder. And tip of the hat to GH for his initial thoughts.l
Bottom-line:
So what happens now till tuesday's meeting? As I said last night, the odds would seem to favour that we could see: alxdf taking out usd .035 (again on monday??), and at least touching .039; and azx taking out the cdn .045 best ask, and at least reaching .05.
So we'll see what happens. Always stand your ground in the markets and in life, folks. Jmvho.
goldopp
Comment by
goldopportunity on Jul 20, 2018 5:48pm
Addendum to my post: Forgot to add the following important point (and I had it in my notes too): The azx-v sp would have closed at cdn .045 (vs .04 print) if it wasn't for that deliberate td cross of 7K about 9 seconds before the close. Yup, manipulation is alive and well, folks. Have a good weekend everyone. goldopp