RE:RE:RE:Positive News ignites actionYes.
The question should also Arise "Why would one own shares?"
The idea with these types of plays is "The huge payoff"
No one is going to high five you if you buy at $0.14 and sell at $0.20.
Therefore the goal here is to "hit" the discovery.
And unlike so many other junior plays where they may hit, next thing you know they have 400 million outstanding shares and no one made any money except the operators.
This Play Olivut has kept a very tight float of under 50 million shares available to public and 20 million plus held by people like Pierre Lassonde who is not going to sell and penny flip.
Therefore with a hit the retail investor will be rewarded with this play in a huge way.
This team seems to have great relations with all the stake holders and Govt, support as well.
It seems this team is 100 per cent serious in a discovery, rather than a lifestlye type of job working for a resource company.
Yes if they start releasing news about ground anomolies that look like the source of the kimberlite or if Pierre Lassonde merely mentions this developing miracle story publicly then the stock will be in the $0.20's to 40's plus. But the play is to find the source and ultimately potentially be rewarded with the stock of a lifetime.