Re: Maybe JB out is because . . . . . .
in response to
by
posted on
Sep 27, 2019 04:30PM
Combining Classic Mineral Exploration with State of the Art Technology
What we saw in the market today was a knee-jerk response to a surprise. Initially it drove the share price up, so someone liked it.
No one knows what next week will bring, but in so far as we know, Hay Mountain is still there, JB is still a shareholder, creditor, and consultant, and no new geotechnical information is at hand that would make our main target less valuable. I add that last observation because if not fact, it would constitute a material change, something that must be disclosed. We haven't seen anything like that, and I doubt we ever will unless it comes from bad results on drilling.
By the way, and if I am not mistaken, volume today was around 0.005 percent of shares issued. That is not meaningful in itself, a trend feeding off of that would be.
I look for the dust to settle on Monday, and perhaps a move to the upside.