Bruce, why is one of your initial thoughts about manipulation? Take a step back and assess what has transpired of the previous weeks.
There was early news that the ML were getting due to be approved. This was due to other peers getting their licenses. People bought on the assumption and wanted a quick pay day.
Then there was early talk that VRC ML was recommended to be approved.Again people bought assuming a bit of a spike and the chance for a quick earn.
The mining license was approved and there was an improvement in share price. People who bought in at 1.7 cents were suddenly in the money as 2.2 cents popped up. Some people sold out. Some people waited to see if the share price would pick up steam and run a bit. It didn't. So people sold out to realise their profit.
Others who probably bought those same shares others sold for a profit are now seeing they are in the red and panic. They sell at a loss or break even or whatever. The share price has dropped back toward the lower end of the channel it has occupied for some time.
Add to that the world wide markets are getting a short back and sides at the moment and some people might think that having excess coin in spec stocks might not be for them and you have what you have. It is standard market forces 101.
There is no need to make claims of manipulation or rumours. I know you meant no malice in it but those sorts of suggestions as first considerations just lower the whole level of conversation. There are enough people repetitively ranting their dogma based on nothing but hate in these forums. Don't become one who starts looking for manipulation and nefarious acts or aliens just because a share price is doing what it has done for months now.
When infrastructure is being created there will be movement in price. When that infrastructure starts being put to work to pull stuff out of the ground, there will be more increase. When that stuff is cleaned and packaged and put on a bought then sent to people who will pay for it, there price will crease at a much higher rate.
This stuff is simple to understand if you assess what is happening. The people at VRC have the hard work of making what I just condensed into a few sentences work on time and on budget with no acts of misfortune or other unavoidable and unseen issues hobbling them.
