SUM 12.3% 25.0¢ summit minerals limited

It is really funny how some new 'Inspector Morse' dude rocks up...

  1. MZA
    296 Posts.
    lightbulb Created with Sketch. 217
    It is really funny how some new 'Inspector Morse' dude rocks up here from nowhere this morning and spreads fear over repeated doomsday posts that Sandro has sold out...in fact he posted 32 times today most of which was misguided filth really... and goes as far as to highlight in yellow his 'validation' points on the notice which apparently prove unequivocally his claims are fact.

    Yet he rather conveniently fails to read, highlight or indeed mention the clear fact at the bottom of the same notice he posted...that in the 'additional information section' it clearly states "Further shares to be issued for the acquisiton - total number of shares is 6,000,000". Attached below.

    You then get another new 'legend' drawing a diagram showing all of us based on his expertise and intricate intel of our land in Brazil that we indeed have nothing below surface at Equador. Clearly he thinks a random meteor shower just kinda dropped all this mineralisation at surface years ago haha at Equador.  For the record I also heard some dudes online pose a pretty good case the Earth is indeed flat, so yeah lets just believe in these new wise dudes. They are the new voice of reason it seems.

    So yep...you gotta wonder if paid downrampers are in force here like has been claimed over on LTR at the order of a larger group wanting to do whatever they can to secure more shares, or maybe they act as lone wolf's...really who knows or cares.

    One thing for sure is this 're-adjustment' would appear 100% managed. The stock currently is exactly where someone wants it to be. Kinda like 'The X Files'....there is a greater force at play here haha betond us.

    Potgut is 100% right when he states 'nothing is as it seems'. He is probably someone most on here should listen too.

    I've been involved over the years in this 'game' with several junior miners & indeed 'boutique' capital firms and nothing surprises tbh.

    The time will come soon enough when one buy order will most likely turn all this on its head and flip sentiment & the SP in a heartbeat.

    Seen it so many times.  They get the daily movement reports - they can see what is happening and who, if someone non-related, is doing what.

    It's all very much normal transmission & normal life cycle of an ASX junior mining company - and if anything and as weird as it may seem pretty bullish signs the stock (noting our modest SOI) can be 'adjusted' so quickly that when you couple it with the expected newsflow upcoming...indeed gives reason for comfort not fear.

    Screenshot_20240628_211236_Chrome.jpg
 
watchlist Created with Sketch. Add SUM (ASX) to my watchlist
(20min delay)
Last
25.0¢
Change
-0.035(12.3%)
Mkt cap ! $15.55M
Open High Low Value Volume
29.0¢ 29.0¢ 22.5¢ $770.3K 3.034M

Buyers (Bids)

No. Vol. Price($)
2 34149 24.5¢
 

Sellers (Offers)

Price($) Vol. No.
26.0¢ 35000 1
View Market Depth
Last trade - 16.10pm 16/07/2024 (20 minute delay) ?
SUM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.