EPM 0.00% 0.6¢ eclipse metals limited.

management seem to be always to be holding sensitive information...

  1. 3,502 Posts.
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    management seem to be always to be holding sensitive information for strategic companies. I don't think they have the window available until after the Annual Reports are sorted out with the company auditor.

    Even a $100k purchase on EPM would cause a speeding ticket. There are 12 millions share on seller side, over half of them are under 1.5 cents. The 1 cent and 1.1 cents are only being used as psychological blocking wall to keep the price low, and then the algo's just pepper lower as they need liquidity to exit. They need exit liquidity only because they need to settle trades else where.

    If we hit 2 X $50K turnover two consecutive days then it triggers our day trade guys, so unless there is some fantastic news the momentum is tough to continue on it's own.

    The only solution to get a re-rate is prove up a resource. Something the percussion drilling programme started.
    If you look at the math 2,500m of drill core is being used according to the _proactive investor article. So if that is the R-Code (200m), and T-Core (200m?) then the other 2,100m must be involving the Ivigtut pit. I went back to some old 2022 announcements with 3D pit models and it appears there are visual aides of where the other cores have punctures the quartz body and niobium below.

    If the EU don't care about the project, after the strategic project application - then the company needs to move on, no point hanging around.

    https://hotcopper.com.au/data/attachments/6254/6254229-50ff69a9eef2912fd8bb4e0a45bd9bb8.jpg

 
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