DB
Yes and it will be twice as bad if its just smoke in the results. I tend to think that's what's coming but everyone has made their own interpretations as to what the results will be and you are all welcome to you opinions of whether I am glass half full or half empty.
The results IMO are likely "early-stage encouraging" based on my interpretation of the reported visual description but there is still a capital raise required for this story to progress to Stage 2.
You don't get to 'wait and see' in some parts of the world. This company has projects which must be drilled in a certain seasonal times and capital raised prior to commitments/signed contracts/deposits for planes, helicopters, drillers, ships etc. It might surprise you but time is ticking on a programme in Greenland even as I write this in late January. the longer it goes the more risks, sub-optimal contractors etc involved.
The delay in assay results till now might coincide with a 'have to raise' moment in February when the market resets share prices across the Board. this would be unfortunate to those still holding but part of the risk taken at this end of the market.
Best of luck to those who hold. As noted before I have taken mine off the table and will se what the results are prior to any thoughts on value for this Company and whether its worth coming back in.
Regards
DC
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0.2¢ |
Change
0.001(50.0%) |
Mkt cap ! $3.302M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $1.558K | 812K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
28 | 45885090 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 36631532 | 29 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
28 | 45885090 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 36631532 | 29 |
0.003 | 11646752 | 9 |
0.004 | 2840000 | 3 |
0.005 | 3500000 | 2 |
0.006 | 300000 | 1 |
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