I think Pedro is basing his assumptions on past situations he has seen with other companies.
It’s very unusual for a company like HCY to break into production from being an explorer in 14 weeks time. Their timing has been impeccable but also supported by a massive change in the structure giving exposure to the REST of the market that don’t touch cheap 3 cent spec stocks.
On top of this, the company has taken the awesome approach of doing broker presentations to the big end of town. Not one...that was 2 days ago. Another is coming in another 2 weeks in October.
There is not much more spelling out that HCY can do. If we as investors cannot interpret what they are saying with all that they have in the last 2 weeks....we should be out of the game.
HCY...soon to be NIO is one of the rare opportunities you can get in early.
Thankfully though, a few sellers are still nervous giving even better opportunities like today to buy in below 4 cents.
I can’t see it being under 5 cents by this Friday personally.
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