It would honestly be better for them to not be spending capital and wait until markets are better, copper price moves higher( if thats what they are waiting for).
Edlessly drilling holes with no end game is pointless , and just endlessly dilutes holders.
Not to mention the company chooses who it raises with. Clearly the raises are going to people who arnt holding long. 18% move today and the trend is shocking on basically a standard quarterly shows that whoever is getting these shares each raise ( bass and management excluded) is flipping them straight away to weak retail holders.
No matter what way you look at it management is currently failing share holders.
This stock has moved like a penny with no resource, poor location, shit management.
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5.5¢ |
Change
0.009(18.3%) |
Mkt cap ! $21.60M |
Open | High | Low | Value | Volume |
4.7¢ | 5.5¢ | 4.7¢ | $96.54K | 1.986M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 110209 | 4.9¢ |
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Price($) | Vol. | No. |
---|---|---|
5.3¢ | 120000 | 1 |
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No. | Vol. | Price($) |
---|---|---|
4 | 110209 | 0.049 |
2 | 251711 | 0.048 |
1 | 100000 | 0.047 |
1 | 200000 | 0.046 |
2 | 264001 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 120000 | 1 |
0.054 | 167500 | 1 |
0.055 | 68180 | 2 |
0.057 | 23208 | 1 |
0.058 | 100000 | 1 |
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