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Bullboard - Stock Discussion Forum Arctic Star Exploration Corp V.ADD

Alternate Symbol(s):  ASDZF

Arctic Star Exploration Corp. is a natural resource company. The Company is a diamond explorer engaged in the acquisition, exploration, and development of mineral properties. Its projects include Diagras Diamond Project and Timantti Diamond Project. Diagras Diamond Project is located in the north-eastern part of the prolific Lac de Gras kimberlite field, approximately 22 kilometers (km) north... see more

TSXV:ADD - Post Discussion

Arctic Star Exploration Corp > This is excellent news isn' it-why is the stock dropping?
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Post by Karma77 on Jul 06, 2021 10:37am

This is excellent news isn' it-why is the stock dropping?

Why is this obviously good news not reflected in the stock value? If I am missing something please educate me?
Comment by Rustyred24 on Jul 06, 2021 10:38am
Ya day traders that no nothing
Comment by BlueDawn on Jul 06, 2021 10:54am
Felt like a FUD (Fear, uncertainty, doubt) tactic to shake shares out of holders.   Heh heh this is nothing compared to what was going on with Reco.V, that FUD included a National Geographic article ffs.   Or the GameStop and Robinhood blocking buys.   This FUD was some negative posts on the billboard coupled with a sell to push down price.
Comment by BlueDawn on Jul 06, 2021 10:57am
I suspect the short sellers will be looking to cover and would benifit from doing so at a lower price
Comment by med on Jul 06, 2021 11:39am
I hate to say I told you so but.......  Back in May I said that DeBeers found lots of pipes on this property 20 years or so ago, none of which were economic. ADD is just proving they were right and you guys will be sucked into the next round of financing to do more drilling on this "exciting" play. It's no wonder people lose so much money in the market as you never learn
Comment by CLOUDER on Jul 06, 2021 11:57am
you didn`t do much reading about the RIGHT kind of kimberlite pipes ,did you? THERE is a lot of pipes on the EKATI and tne DIAVIC to man,it is the non mag kind that is the ticket.AS THOSE other 2 miners   E and D will ATEST.  THIS IS NOTHING BUT A SHAKEOUT   the summer drilling and bulk sampling will be announced soon, after this if the quantity of diamonds are sufficient, ...more  
Comment by BlueDawn on Jul 06, 2021 1:30pm
You also missed on saying 2 key facts.   20 years ago they used magnetics to image the ground and drilled the magnetic anomaly.  They found magnetic kimber which didn't have diamonds.  Magnetics was what they also did at Divak.  And also didn't find diamonds.   Then Buddy tried a few holes in the non magnetic areas and hit paydirt. tldr:  deBeers ...more  
Comment by BlueDawn on Jul 20, 2021 1:36am
  And here felt like a 2 step attack
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