Post by
Super_Cycle on Jun 09, 2016 2:39am
It's safe...
...to accumulate at current levels.
Buyers coming in a the .50 mark are obviously not retail buyers. The market is "orderly illiquid". Don't pay over .55 right now - it looks like a financing is coming, but hard to tell. If there is one it looks like it's being presold.
Ontario Teachers Pension Fund is into this for at least $25M.
Good luck.
Comment by
Empire82 on Jun 09, 2016 5:33pm
Hey Super_Cycle, that news yesterday was incredible, switching from an exploration team, to a company building team. These guys mean business and yet this one is totally flying under the radar, and could be a multi-dollar stock one day. I don't own any but I have a couple bids in place.
Comment by
Super_Cycle on Jun 12, 2016 7:25pm
Agree. Stealth mode for a long time now. Hopefully they're ready to start showing poping up on the radar. Anything under .50 should look like a bargain 6 and 12 months out. Cheers
Comment by
Empire82 on Jun 21, 2016 3:15pm
You definitely can't watch this one everyday, since around 70% of the shares are held by funds and insiders, there aren't a lot of free trading shares and so the swings in the Bid and Ask are pretty crazy