CDB 0.00% 0.9¢ condor blanco mines limited

announcement , page-5

  1. asf
    9,887 Posts.
    I wouldn't feel sorry for day traders- $900,000 worth are in there, and will be attempting to push this back up on Monday- that's if a capital raising is not announced. This company really needs money and has announced it will be adding 40m shares @ 80% discount, and 10m options @ exercise price of 6c to the registry- at some point. This is bread and butter stuff to day traders, and they thrive on it. No doubt they are pumping and dumping each day several times a day, probably, and making their profits quickly- or losing, if they have less experience and just rolling with the volatility.
 
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Currently unlisted public company.

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