Re: Was anyone a little nervous?
in response to
by
posted on
Jul 25, 2017 03:54PM
hummmm,,,I am not very excited as far as what we have seen today in the share price spiking,,,,,,,sure we are up over yesterday,,,the pros or smart ones took money for their shares at the open,,,,but not many had traded hands at that time,,,,,this is the first of possibly several positive news releases we will see before DM tells all about Aug 28th if he can at all get it out to the market before he has to spill the beans. All good news should soften the blow around the financing to some degree. Not sure by how much even if we do have a third party getting in. Maybe if it was a BP they would bring weight coupled with great speculation. The market seems to be starting once again to price anticipated dilution into the share price. Under 200K traded on the TSX at this time which still tells us those on the sidelines are remaining on the sidelines until trading tells them to get in. Anyway although it was a an excellent piece of news this morning, it still failed to create any type of share feeding frenzy by deep pocket investors,,,after this loan/LoC issue gets resolved to the markets satisfaction then it will respond accordingly...up or down,,flip a coin,,,,sideliners see too much risk taking a stake before this debt unknown is settled between now and the end of August,,,,,,,,,,jmo