Post by
MarketGod99 on Nov 15, 2021 10:02pm
Barclays invested today
One of their main investors spoke about the magnesium play and shortage less than a month ago . Today they bought over 200k shares . Now they didn't mention WHY in the video but coincidence much....? https://www.cnbc.com/video/2021/10/22/barclays-analyst-on-magnesium-shortage-ford-will-be-disproportionately-exposed.html
Comment by
yixter on Nov 15, 2021 10:14pm
They were on the bid at .60 to begin the day and moved the bid up constantly buying up to and clearing out most of the .70s during the day why the hurry lol??? The could have picked up more through Anon too??? Was this a client of Barclays or the institution itself buying???
Comment by
MarketGod99 on Nov 15, 2021 10:17pm
Yes , they did seem like they were in a hurry! Not to sure but in my opinion it's all positive signs. Getting American investors involved in this small cap it's HUGE! Especially for a Canadian small cap
Comment by
yixter on Nov 15, 2021 10:22pm
Yes it is and if the company were to do a financing at this level or higher it would take us to another level especially if it were US investors but the company hasn't said anything about a pp??? Maybe a sale? Or a partner or perhaps offtake agreement??? Lots of ways this could go but right now it's looking very very good.
Comment by
yixter on Nov 16, 2021 8:33am
raging Canadian I don't think it's just retailers pushing it now we will see how it goes from here but I disagree with your sp tanking this week good chance we see a buck this week but that's my opinion not investment advice.
Comment by
yixter on Nov 16, 2021 8:36am
This is still one of if not the cheapest resource stock on the venture for what they have any pullback will got bought up quickly in my opinion!
Comment by
MarketGod99 on Nov 16, 2021 9:08am
It agree . Don't see cheap shares being cheap for too long .if permits gets approved or they get bought out .... Can't even imagine what would happen to the SP
Comment by
yixter on Nov 16, 2021 9:15am
One thing is very clear they have no intention of doing any cheap financings or they had done it already that could be an indication of something coming????
Comment by
ragingcanadian1 on Nov 16, 2021 2:56pm
Yixter...looks like u may be right. But week is young. And locking in profits is always good idea. Hope u r very right and I very wrong