Post by
CovieNRA on Oct 25, 2018 5:31pm
Wow - Big Selloff on No News
Wonder what's up? The PR yesterday certainly would not have lead to this. Some particular institution getting out for some reason?
Comment by
ZippyBenji on Oct 25, 2018 5:48pm
About 80% of the volume was house 76 crossing shares. The rest are small lots trying to break the dam? Maybe there is a large cross coming? The PEA is coming shortly maybe it's been leaked and some people are anxious and want out? Don't know but a little concerned, last time it happened 2M+ shares moved to different hands.
Comment by
CovieNRA on Oct 26, 2018 10:47am
Sell off continues today - I sure hope it is not due to a leak of the PEA in that economical ounces are much lower than anticipated, or that forecasted production cost is much higher than thought.
Comment by
NorthBayStreet on Oct 26, 2018 11:00am
On very low volume though. Only 18K shares
Comment by
ZippyBenji on Oct 26, 2018 1:22pm
More crosses from house 76, think this has more to do with placing specific stock just like when they drove it down to $2/share. The blocks are larger and the price negotiated was well below market, waiting for a much larger block to come out though.