Re: News to start the New Year?
in response to
by
posted on
Jan 03, 2024 10:42AM
Combining Classic Mineral Exploration with State of the Art Technology
It seems to me that there has been a lack of promotion over the present drilling efforts. This is a little unusual for an explorer with essentially only one target. What we've seen looks to be the minimum as may be required by the SEC. I find this strange as a company at this level usually wants a higher share price from promotion going into possibly good news because excellent drilling results will cause higher prices from a higher base before the news is out. A lack of promotion beforehand can result in a lower high following good news (I say "can," not will).
In this case, could there be some reason management does not want higher prices before the NR? Could there be some reason for someone to want a takeover at a lower price than would happen otherwise?
Maybe what's expected could be so good as to make no difference, as if the news will be so grand as to capture global attention. And not just from small-time investors in mining, but from foreign governments and international miners...as if they were hit upside the head and several immediately felt forced to send executives and geologists to Cochise County, AZ.