Post by
tinker901 on Feb 14, 2023 8:18pm
Selling
The going share price depends on sellers AND buyers.
The buyers will pay more depending on what they think will happen in the near future (for some) and medium and long term for others.
The buying is fueled with market sentiment, recent news and pending news.
Our recent hike from the 2.20 range to the 2.60 range was mainly on the tailcoats of other company success stories.
On our side, we have the recent Hydro news and the OLD permit news. This can keep us stationnary for a while at best.
But in the end, investors are waiting for "SHOW ME THE MONEY" news to pay for a higher price share.
Then for the expiring options and warrants, they are not necessarily exercised at the last minute.
Look at the Sedar latest MD&A and you will see that between November 2nd and January 26th 2023 we raked in 7.25 millions from exercised warrants, Some of them were 1.75 ones in the money for a while.
Then for options, about 850K from brokers.
We are nearing the end of the long wait for a partner that is joining us with a wheelbarrel of cash. From there our SP can grow quite a lot.
There will be several "money" NR's and other progress news in the next 1 to 6 months.
GLTA
Comment by
tiger2201 on Feb 15, 2023 7:41am
Hi tinker, I would like to see within 1 month, so we can move ahead, start construction late Spring/Summer. Otherwise, we will miss another good construction seasons. Fingers crossed! tiger
Comment by
tinker901 on Feb 15, 2023 8:41am
So would I Tiger. Still 1.5 months left in Q1. So anytime in the next 6 weeks would do the job