Sitka Gold Corp V.SIG

Blow-out

[jambon379]

Who is blowing out 100,000 's at 10.5.  Crossovers, warrants ?  Good news lots of buyers as there sud b

[Westcoastwalker]

More like 10's of millions.  From TD. House and some from ANON.  Liquidating to ride the warrants?  Probably or liquidating to sell the only asset that's on the move?  Maybe a manipulation to keep the price low to shake the tree and see who panics and sell cheap. Whatever but it sure as hell not being sold on bad news or results or future expectations.  Hang in

[jambon379]

Hey WCW I think it is being deliberately suppressed and somebody loading up in anticipation of events to come. Coe has been accumulating on the open market on the recent past.Similarities with Banyon and it is now trading at $3.50.

[Westcoastwalker]

I agree whoever is selling millions of shares at .10 cents still has control of them in one way or another. Too many positives  lately to be dumping them like that. Just my thoughts no proof but it is odd to trade 10 million shares between a couple of houses within a half penny

[stockwatcher7]

This post has been removed in accordance with Community Policy

[Westcoastwalker]

I wonder if they will go that route of pp and warrants. It keeps biting us in the butt with the dumping and warrant riding. If we don't get a major stock price increase they might have to look at other means as partners, project generator, royalties etc. we are so close with the 100 ounces of Au per meter drilled to date and what's looking to be a 5km's of strike   It could be

[givemeabreak1]

WetCoatWanker No one is going to pay you much as a royalty on a really earl stage low grade deposit.  The only realistic option would be to sell off properties like Burro but that is not going to happen as it is not worth that much other than a cash cow for Cor.

[givemeabreak1]

Absolute best case scenario would be some stellar holes to drive the share price higher before the next financing.  There should be like 30 holes drilled they just need to hit some near surface high grade holes.  Piece of cake eh WetCoat.