I think there could be a few things playing out currently.
- In my personal opinion I believe they could have hit a copper significant at depth which means grades are likely to be very nice, the latest announcement supports this theory. All in all the SP is moving in the right direction, but I refuse to believe the price action in the last couple of weeks is solely attributed to the price of silver.
Other scenarios that could be playing out are listed below.
- Drillers could be getting trigger-happy on the phones, as it doesn't take a lot of money to move this stock.
- Excellent news has gotten out during the disclosure period to relay results to the public (very unlikely as the company stated they have not received results yet).
- A big player wanting in on the action who wants to take a large stake in the company.
As I usually do, I will take the opposite side of the coin here and say that everyone is getting very excited about the current prospects that Kempfield holds (due to assays being very close), but I seriously believe that Copperhead is the company maker that can bring this stock north of 10c.
I will hold you with one last thought........ Who was the individual who dumped over $50,000 last week on market???? Impatient investor or shaking the tree for a strong run up? I guess we will have to wait and see........
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Last
2.5¢ |
Change
0.001(4.17%) |
Mkt cap ! $36.15M |
Open | High | Low | Value | Volume |
2.5¢ | 2.6¢ | 2.5¢ | $57.49K | 2.298M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 580875 | 2.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.5¢ | 370000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 580875 | 0.024 |
7 | 3083860 | 0.023 |
11 | 1240756 | 0.022 |
9 | 1726419 | 0.021 |
11 | 4604078 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 370000 | 3 |
0.026 | 1179708 | 5 |
0.027 | 2308201 | 7 |
0.028 | 1843061 | 8 |
0.029 | 1761215 | 7 |
Last trade - 11.55am 18/06/2025 (20 minute delay) ? |
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