Post by
Randian75 on May 07, 2021 1:58pm
mismatch
the valuation mismatch with TUD is becoming a bit of a bad joke. Do we hold 1/ of treaty creek + a bunch of TUD shares or not?
Comment by
LonghandStrong on May 07, 2021 2:23pm
Is the 2% the add on due to recent PP?
Comment by
LonghandStrong on May 07, 2021 2:26pm
what do you feel is driving the low volume across the 3? Scale of 1-10, how problematic is that? I've in the past interpreted it is good, as no one selling, but recently have considered it bad, because something is only worth what people will pay for it, regardless of of its sold or not. Today, not sure. Thoughts?
Comment by
stockzorg on May 07, 2021 7:12pm
Volume is low across literally all of my small cap stock holdings over the past six weeks. I get the feeling most small cap investors are fully invested and are out of gas right now. Likely a significant short-term issue and hope things are normalized by the time this year's drilling results appear.
Comment by
LonghandStrong on May 07, 2021 7:20pm
yes. I was just re reading one of your earlier posts to this a moment ago, and had missed this point in the first go around. The "chips are laid and we are waiting for the wheel to spin" so to speak. Very good point, and another position that I had not considered. Your interpretation of the GT/Tahatlan item had me nodding double fast. Have a good weekend, and thank you for those points.
Comment by
LonghandStrong on May 07, 2021 7:24pm
Do you follow PJX at all? They saw an atypical volume spike, last couple, counter to the trend. Another Sullivan 2 hunt. If you follow it, I would be interested in your opinion of that play. It is once removed from channel sampling, so pretty much 4 guys in the woods with a plumb-bob and a drill rig, but interesting ground. Not an endorsement, more looking for an independent opinion.