2021 prediction thread, page-169

Pump pump and then what comes next.

Options would be worth 3 times what they were less than 10 days ago.
Regrettably folks (for the short term) this is a classic pump and dump of stock picked up in the 10.5c region and options in the 3.5c region. Someone with moderately deep pockets has bought up and pushing before rotating out. Just look at the background of the story and you’ll see through the hype.

Expect 15 - 16c once this washes out

Options  were always going to be converted and options provide a very clean and transparent capital raising (there was never a risk or negative inflection from the options, just a beautifully deployed manipulation fuelled by terrible lack of communication and transparency from management on two incidents of mechanical failure which manifested into loss of market confidence). Opportunity to acquire substantial volumes of stock for our cashed up manipulator.

Let’s just be completely clear here, if not a single option got converted, there would have been no new 100 million shares, no dilution and yep no extra capital. So what would have to happen, a capital raise (like every other stock). There was never any foundation for negative stock price action relating to the options. Zero risk for the company.

Yet there were some very strong voices here on HC perpetuating the line that the options will hold done the stock until conversion and guess what it played out exactly that way (with zero risk behind it - hmmm, I think that’s called fake news by that dickhead in the USA)

So what fundamentals are driving it now?
- Nothing!

Certainly not news - there has been none - no one in the office to put anything out.
Mongolia in lockdown and to be reviewed Jan 11
EXR management taking a break for January
Contingent report requiring further outside information and still not expected for at least 6 weeks

And what are we left with ???????

Don’t get me wrong, theres great potential here, but even greater potential for manipulation while nothing fundamental is happening. There’s a big year ahead but she ain’t going to be a straight line from January 1.

In closing I just want to thank some of those long term posters who have been on here for months and witnessed both the lows of 10c (0nly weeks ago) and highs of today yet continue to post (using their aparent bottomless supply of capital) that their “going to be adding more today”. For God sake, you could have bought them at 10c in December - The true pumpers and may be our little manipulator driving this current folley.

ps, sold for now, see you again soon sub 16c (unless Mongolia extends lockdown, then sub 12c)