Post by
Waybackjoe on Feb 09, 2023 12:52pm
The News Release
Nothing revealed there to provide a reason for the stock price rise. In fact nothing there to make me think that the insiders will now start buying on the open market. No assay results yet and the drilling only amounted to less than 1000 meters, approx: 200 meters per hole.
The stock has been rising within a narrow range ( ignore the percentage gain ) and the company brass will not be questioned by the TSE if they know of any material changes as to why the stock has been going up.
Obviously up to this point someone wants this stock, and on the cheap too. But there is no cross over that I can pin point. I have been stealth buying for over a year myself 10K to 20K here and there and I am done now. Owning multiple six digit figure amounts of these little falla's is the only way to go in my view if you wan't some meaningfull cash for the risk. The gainer likely just one will have to offset the more than one loser by a large margin otherwise why bother.
Gdayy
WBJ.