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Bullboard - Stock Discussion Forum Genesis Metals Corp GGISF

Genesis Metals Corp is engaged in the acquisition and exploration of mineral property interests in Canada. The company is focused on the Chevrier Gold Project in the southwest of Chibougamau, Quebec. The Chevrier Gold Property covers 15 kilometers of the Fancamp Deformation zone - an emerging mineralized belt undergoing intensive exploration by multiple companies including several industry... see more

OTCQB:GGISF - Post Discussion

Genesis Metals Corp > I am looking at the moving averages...
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Post by KewlNewf on Jan 23, 2019 8:25pm

I am looking at the moving averages...

...all the lines are telling me a very interesting story. 8 cents is a critical point in the graph, imo. My thoughts are... where we trade in the next week or two, will go a long way in determining the future direction.
Comment by seinfeld1 on Jan 24, 2019 10:06am
Kew.  You may be correct.  For me yesterdays stock dump underscores caution on GIS.  With news pending it is either a moron selling all in one block down 22 percent or games.  I would say it is games which I have experienced my self with this stock through my broker.  I own stock so I don't mean to be harsh...just venting as yesterday was a danger sign for me.   ...more  
Comment by KewlNewf on Jan 24, 2019 12:19pm
.. always good idea to be cautious. Genesis...for me is a highly speculative gold junior exploration story that has history.. is in a great area .. has an experienced mgmt.. has a reasonable opportunity to expand their total resource on the Chevrier property.. then you have investors like Byrzynski & Sprott lending credibility to the whole project.. with over 50% of the company's shares in ...more  
Comment by WeekendChef on Jan 24, 2019 2:17pm
if you take a look at insider trading activity on SEDI, you'll see that they were very actively buying until ~10 days ago. I see this as evidence that the anticipated news release regarding deposit model is near as they can't be buying or selling within a few days of a material news release.
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