Post by
POETMILLIONAIRE on Aug 09, 2021 3:52pm
Whats not to like
Im new to this stock today with an initial purchase of 50,000 shares at .16...i have watched the companies presentation and even as a takeout candidate we are worth a lot more than this..not that many permitted mines in safe jurisdictions around anymore and copper is on a rip...
Comment by
MarkAble on Aug 09, 2021 8:17pm
What's not to like? How about another retreat to 6 or 7 cents. I'm not at all new to this stock. I've bought in at 80 cents ( and sold at 92 cents) 18 cents and 7.5 cents which is the only price I'd pay right now for such certainty.
Comment by
Notgnu on Aug 09, 2021 8:26pm
If you think it is about to go below 10 cents then what do you think is the motivation behind Pala buying nearly 7 million shares on Friday at 23 cents? N
Comment by
patchh on Aug 09, 2021 10:28pm
w luk we get the OP sometime in Q3.. them 6M shares may be a bribe ?? illogical to pre-buy a stok for a settlement date in July.. where there is smoke there is potentail for fire.. in this case shut off the water ! 5000 ac ft - just about what it takes to open the pitt...
Comment by
nofluff on Aug 09, 2021 11:14pm
Was that not just an exorcise of warrants. I am sure it was. It shows palas confidence in the project. nf
Comment by
patchh on Aug 09, 2021 11:39pm
stok exerzizes at 20 + 4.. U can buy the stok less than exeorcise presently; thats why the jan wts are skewerad
Comment by
westcoast1000 on Aug 10, 2021 1:41am
Great point, NF. Yes, that makes sense.
Comment by
Fishbillion on Aug 10, 2021 12:34am
This post has been removed in accordance with Community Policy
Comment by
Notgnu on Aug 10, 2021 12:52am
Don't think they have any obligation to disclose who they bought from but if you have Iorich's cell number just pass it on and I'll give'm a call. N
Comment by
patchh on Aug 10, 2021 1:48am
miss the point ! whats Vlad going 2 doo w 6M storks 4 hizz portfolio ? ROLO ! somebody in a sudden knee jerk/play -- wants 6M B4 they hit a buk-wheaties! B more interestin to see how those 5M shares were ourchased today - what kind a blcks.. i hav already closed my bookmaker - soo that lookbak feature is wiped for today..
Comment by
westcoast1000 on Aug 10, 2021 1:45am
Nofluff suggests they bought them from the company treasury. The company then recieves the proceeds.
Comment by
Notgnu on Aug 10, 2021 2:27am
It is likely a debt to equity swap... Pala being owed a debt and getting shares insread. That is what the previous two were as well. The point is it was done at 23 cents. N
Comment by
westcoast1000 on Aug 10, 2021 10:12am
That makes sense, Not. Broke open the bank and bought a lot more today.
Comment by
goldanalyst on Aug 10, 2021 6:51am
you'd better have patience this stock has been trading in the teens for a year despite trading @$4+