Post by
Patient1nvestor on Oct 31, 2024 7:51am
Is SP going to plunge as deep as the drill holes this time?
When there had been no news release for more than 3 months, SP droped 5% almost every second day. Now with more impressive discoveries DEEP down, is SP going to plunge as DEEP? Hahaha.
Comment by
Global1966 on Oct 31, 2024 8:11am
10 deep holes drilled since May, an average of 2 holes a month between 3 drills. If we assume October's drilling isn't included in the results then the rock must be as hard as diamonds to get through. Based on this the next results won't come out till Feb or March 2025 along with the Keats secondary channel results. Time for a long holiday
Comment by
SkipperT on Oct 31, 2024 8:21am
Pretty frustrating to see this stock hovering around $3. I keep averaging down but the stock just keeps bleeding.
Comment by
nozzpack on Oct 31, 2024 9:23am
If the share price continues to disregard and not respond affirmatively to good news, then we have the same problem that we have had for 3 years or more......a management team that carries little respect by the investment community. Lets see how todays news affects the share price over the next few days..
Comment by
Patient1nvestor on Oct 31, 2024 11:52am
Well, I wouldn't go that far against the management. The real INVESTORS here don't sell. No more than 1.5 million shares change hands in both Exchanges on average each trading day, that kind of volume makes up a very small percentage of the total shares issued. And that 1.5 million shares certainly have not come from Uncle Eric.
Comment by
wajac on Oct 31, 2024 12:32pm
For sure! I have been trading biotech stocks on Nasdaq recently. With some stocks the entire float will turn over several times a day resulting in millions of shares traded. High volitility and great for trading. If you want excitement that is the place to be!