Post by
Gangsterme on May 21, 2024 2:49pm
Down why?
Down 10% at 14:45 today US versus yesterday's close, Why? I certainly have no idea. Silver is up slightly and so is copper.
Would love to hear any suggestions.
Comment by
Retiredgeo on May 21, 2024 3:13pm
With 245 million shares in circulation one day moves can be anything. Looks like someone cashed in. The big news is the interest from new buyers who are starting off from today's price. We are seeing quite the turnover in BIG stock.
Comment by
Gangsterme on May 21, 2024 7:35pm
True, however 4.6 million share traded on both exchanges on Friday, Monday and Tuesday is serious numbers. And I agree if they are new purchasers they will not be offered for sale soon. Wish I had more info, but so would many.
Comment by
Varadero on May 21, 2024 9:39pm
Fluctuation is just regular daily market activity. Take advantage of any price weakness and buy the deep as I did today. My next post will give more confidence for buying more junior copper stocks, as I added more of BIG.V, COR.V and BAY.V. “Market fluctuations are your friend, not enemy” ...
Comment by
CaptainM on May 21, 2024 10:59pm
The selling appears to be related to diversifying to other smaller cap juniors as some see signs of a bull market taking form. GoldVentures is a perfect example of that embodiment as he was way overweight on BIG and announced lighting uo to buy other juniors. Towards the end of the day, big money stepped in and quickly picked up hundreds of thousands of shares. Good sign.
Comment by
CaptainM on May 23, 2024 10:15pm
Today the stock appears to have been affected by the pullback in the precious metals and general stock market. The good news is that as per today's sedar financial report (released just after market close I believe), all of the warrants that expire end of May 2024 have been exercised.