Exactly there are too many ST traders on here accusing promoters of ramping and selling their position after the share price has slumped as a reason for the sp falling. It’s just BS.
Have a longer term view. These companies cannot go up exponentially all the time. In EUCs case it’s clearly been impacted by a long than anticipated winter and it’s taken longer to get underground.
Key take away from all the announcements are that there’s still a lot of reminent mineralization in the adits on multiple levels with little to no stoping over thousands of meters. This is very high grade but narrow veined dirt so hitting it every time with a drill rig is going to be near on impossible. You don’t need a lot of this material at $100k/t pricing to make a lot of money!
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Exactly there are too many ST traders on here accusing promoters...
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