The answer would be that it's all somewhat irrational and dictated on sentiment. Those other explorers are also likely too high based on speculation. You even have companies with proven results trading below fair valuation, that's how irrational these wild swings into overbought/oversold are.
There's a lot to like here and it's almost getting to a valuation where I would increase my position but it's important to not blind ourselves to what's going on. For example this announcement I consider fluff, not that I blame management because they're obviously trying to keep the SP up despite what's going on overall macro wise.
I want to see assays coming in and fingers crossed we get some good news. Much nicer when this goes up organically due to good results not a hype train that prices in 10mt already.
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The answer would be that it's all somewhat irrational and...
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3 | 63000 | 0.100 |
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Price($) | Vol. | No. |
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0.125 | 17037 | 1 |
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