The fact the big crossings are taking place on the bid side has me thinking it’s seller driven. Might be some of the stock the drilling company got paid in scrip? Surely not Sprott exiting at a 40% loss without having seen of the news flow they gave funding to achieve.
Good sign that there’s plenty of buying to soak it up. Hopefully going to one or two large buyers who will hold, not a bunch of individuals that’ll sell out again at 1-2c higher.
Will know in the next few days if the buying or selling is from an existing substantial…
CBE Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
