Good post.
the Company information shows that approx. 62% of the issued and pending shares are held by top 20 shareholders with 38% free floating.
So that's around 1 billion shares able to be placed on market each day.
today's sale of 68.96 million is a drop in the ocean but the sell side is capable of a massive land slide if holders aren't happy with a gold report. And that report could come from VXR, NOVO, DEG or any other nearology play at any time. Fingers crossed the positive gold reports keep flowing.
Ann: Whim Creek Project - Update Potential Gold Targets, page-163
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$2.19 |
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0.030(1.39%) |
Mkt cap ! $565.1M | |||
| Open | High | Low | Value | Volume |
| $2.16 | $2.20 | $2.12 | $1.038M | 479.5K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 365 | $2.17 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.20 | 18613 | 2 |
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