I reckon our $142M MC is well and truly validated given the recent volumes (4M in a week) thanks to the new holders with deep pockets parting with lots of cash to buy shares at ~35 cents. They know where this is headed and they expect to make big profits from their recent purchases.
IMO the sellers are pretty foolish selling for profits that are tiny compared to what they might make if they hold for a few more months.
26Moz, +5g/t AuEq Gold, Silver, PGM Porphyry Exploration Target. First assays imminent., page-26
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