SGQ 0.00% 2.5¢ st george mining limited

keep watch of the shenanigans at BMG and now CRS (who just took...

  1. 3,656 Posts.
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    keep watch of the shenanigans at BMG and now CRS (who just took over BMGs recent options play).....plenty of "option" style pumps happening across the juniors right now.....

    they take out an option covering a FAD, like REE (thanks to WA1), just to spike the SP pre-CR....JPs already done it at BMG, he'll recycle that tactic here soon enough....

    tricks a plenty up their sleeves. appears juniors have finally caught on to the superannuation tactic by property wannabees of loading up adjoining properties on 2yr option plays then on selling the aggregated group to the real developers who dont have the time to deal with annoying land/home owners. In this case, its anything that adjoins (nearology galore in WA!!) a current success story, no need to buy it, simply spend $10-$20k on a short term options (since the kitty is dry) and the mkt will LOVE THE POTENTIAL!!! spiking the SP by, well in CRS case today, up to 80% - even though BMG already rejected the same tenures.....but what a way to score almost 100% gain in 1 trading day......not bad for the chump change the option cost them!....eek.pngbiggrin.png

    anything to re-fill the gravy train....not long peeps. not long.....make the most of the "opportunity" wink.png
 
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Last trade - 14.31pm 13/06/2024 (20 minute delay) ?
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