Post by
CoastalTrader on Jun 20, 2024 9:24pm
For every Seller...
...there is a Buyer.
I picked up another 40K between 56 and 57 late in the day.
Pi$$ed that I missed high 40s.
Looks like Godzilla is giving the tree a good hard shake... and shakeouts are to remove value from weak hands. Assayswill eventually confirm if this trading was distribution or aggressive accumulation.
Barick didn't jump in here as a speculation. They studied the geology and the IP Survey before investing their cash.
There is more to the current trading than weak hands praying to a Voodoo High Priestess who is poking a prospector doll with a rockhammer.
I'm a believer. In both if it helps - LOL.
CT.