PUR 25.0% 0.3¢ pursuit minerals ltd

Ann: Ceasing to be a substantial holder, page-7

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  1. 18,098 Posts.
    lightbulb Created with Sketch. 169
    Moving a dam site higher.

    Its only at these levels for 3 reasons
    1. Prior placement at 1 cent so old holders are cashing out
    2. We are 100 to 150% higher than before ann and people dont know value when they see it so won't pay up until someone else does
    3. Massive soak up where pros get the chance for a big play. They want these prices and will try and distribute at higher prices, like 2 cents plus.

    The register turnover also includes day traders flicking out but essentially it builds the next base for the next run. 1.6 cents is a given and once busted 2 cents plus and an mc much higher than here.

    All imo.

    .
    Last edited by Banker: 21/07/20
 
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