Lots of small sellers have pushed the price backwards as there’s no large buyers stepping up to take positions They’re not taking large positions as there’s no liquidity to do so.
I do believe this will change soon and it will occur rapidly. It just takes a few more juicy bits of info that inform the market of the feasibility of our resource. When it becomes clear there’s scale and consistency and not just a few bonananza intersections (I know that’s not the case but it may be the perception), then a rerate may occur when someone decides buying up is worth it.
ARS Price at posting:
5.8¢ Sentiment: Buy Disclosure: Held