posted on
Oct 28, 2017 12:25PM

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Message: Finance
Those are qeustions I imagine we all have....lots of reasons for uncertainty and doubt.
Fear? I don't see much, not based on the incredibly thin trading.
The HL PP news came out on Friday October 13th and its not like we've seen millions of shares all of a sudden trading hands. In the eleven days of trading since that news came out I don't think we've even see one million trading in total. I just added it up, all the trading from October 13th to this past Friday October 27th only totals 507,629....and that's including all the secondary exchanges with the trading on the TSX.
Yes the PPS has moved down, but the volume isn't significant enough for me to give the move much weight. I don't know if we'll get anything next week....they merely said "early" November. I'll give it til November 13th before I get on the phone to IR again. I'm actually expecting just the usual laundry list of director appointments, compensation and naming an auditor stuff.
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