Hi Mart62 My reply is an opinion only and should only be taken...

Hi Mart62

My reply is an opinion only and should only be taken in context of an open forum discussing a stock from a personal viewpoint.

Not investment advice.

This company has 1.3 billions shares on offer and enough cash to fund the next 12 months exploration. Then more cash will be needed to either increase the exploration activity or take the concept to another level which means more shares and more dilution.
Approx 28% of the shares are held by insiders and the top 5%
This means a truck load of trigger happy retail/small time investors own stock - this has an effect on share price activity.

Many posters are more directed towards the project and the available data they analyse - all with good intentions

I accept that approach and has its pluses and minuses.

The mining industry is in vogue at this point in time and investors are throwing money at any stock with a compelling story.

IMO the overall mining sector has currently become loaded with speculators looking for a quick buck. Bit like the gold rush days. For many without the cash to fall back on, ends in disaster.

The Casino world rears its head.

Always remember the house will always win - those on the inside of any mining company get paid their hundreds of thousands of dollars on the way through in fees and commissions. If it goes belly up, no issue. Just relist and do it all again.

Be light on your feet with mining stocks and be skeptical of experts making commentary on available data. They may be right, they may be wrong.

In relation to your question on the share price, it now depends on the herd and professional share price manipulators.

Delay in company data will send the herd in a dust cloud down to the end of the paddock and the share price will go with it. One positive announcement will send the herd in the other direction and the share price will go up.

It is your selection on whether you are part of the herd and that is how you invest or whether you decide to watch the herd and make your own call on the share price entry or exit.

One thing for sure, is that in the mining segment of the stock market, you have entered the high risk arena of many that know how to play the game and the retail investor can become cannon fodder.

Hope this helps

Only an opinion.