Post by
stocksheriff on May 16, 2016 8:45pm
Last Week Trading
Anyone out there who is following this stock care to speculate on why the stock popped up to 14.5 cents last week?
I'm really curious as to why RBC would want around 200-300K shares and just grab everything at market.
I realize there was news today regarding the 2% NSR buy from Teck but I can't see how this would create a buying rush we saw last week.
Comment by
Tijana20 on May 17, 2016 10:33am
maybe someone simply made a boo boo and bought at market price? I`ve been watching this closely as I want to get in but was hoping to buy cheaper.This area play is hot and HSR have several targets that they`ll likely get a JV with for a major drilling program?Maybe even a major.
Comment by
siempre33 on May 17, 2016 11:38am
Tihana20 - oops! you missed your chance yesterday....I don't think there's going to be another dip as low as yesterday...although there will be volatility, the direction is up from here >>
Comment by
stocksheriff on May 17, 2016 4:25pm
I agree. A quick buying spree followed by a short sell off could only mean big news around the corner with hopes that some loose hands sold into the sell off. Now that HSR has no 2% NSR obligation, they will be that much more attractive for a buy out or a JV or or?? Like you say, there is only one direction for this stock to go and that direction I think is UP!
Comment by
Tijana20 on May 24, 2016 3:44pm
first of all I`m TiJana..not TiHana!..and you were wrong..lol....I did get my chance and I`m loaded up now:).Just need a reversal in the Au price:)