You’re absolutely correct.
Fact is they only released Assays from a single hole (003) that made the MC do 1000% in a week. That’s not normal or sustainable
7 holes total, and assays in drips and drabs did not justify the valuation at this point of the company’s journey.
Long long way to go, a lot more drilling needed, a lot more cash, etc etc. The short term upside is limited, the long term upside is large though if they keep finding REE.
It’s not bots, it’s not manipulation, it’s smart people taking profits and passing the bag to new holders.
Ann: Corporate Presentation, page-29
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Last
$14.01 |
Change
-1.390(9.03%) |
Mkt cap ! $908.7M | |||
| Open | High | Low | Value | Volume |
| $15.40 | $15.40 | $13.94 | $5.780M | 400.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 250 | $14.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.09 | 300 | 1 |
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