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clock Created with Sketch. 17/10/23
14:21
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Originally posted by coto:
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The HPA spend was a lot more than $5M, it was closer to $10M. There were basically 2 years of only HPA newsflow. I remember coming to the end of the HPA focus, I counted 22 price-sensitive, HPA announcements in a row (I was starting to get over it myself watching my investment decrease to a paper loss of around 80%) because during that time, the share price only deteriorated with each HPA announcement. It was a difficult time for all long-term holders because we lost significant value in our investment, down from around a 6c high during that period from memory. I was accumulating along the way and did most of my large buys recently around 1c-1.2c because I saw the potential in the TC project and love the geology there. It is probably in the top 3 projects in my portfolio at the moment and I have over 20 resource stocks.
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Every 5 minutes, someone is buying between 2 and 6 shares costing 3 to 10 cents. Must be an accumulator trying to make it into the top 20 shareholders.
(20min delay)