no - he already has/owns the shares. but he cannot sell until...

no - he already has/owns the shares. but he cannot sell until escrow expires

the sp primarily reflects the chart and the 'C' elliott wave down to the 27.5-28c chart gap i mentioned - look up elliott waves if you dont understand what I am talking about.

you will save yourself a lot of grey hairs

as ive said multiple times the main factor on precious metal mining stocks is not earnings - its the precious metal spot price

thats not to say earnings are irrelevant - but they are a secondary factor typically

which is why EVN - pretty much our lowest cost always profitable gold miner is trading at 4.68 when it was 5.80 this time last year

though MKR's earnings do have an outsized impact vs say EVN because MKR is not net cashflow positive once you include debt repayments - so if it had had to continue meeting those debt payments it would have been at high risk of doing a CR

+ its unhedged - so spot price of precious metals pretty much directly impacts revenue

but MKR selloff was primarily technical - not fundamental to this point

\if only id spotted the chart gap earlier

but equally this stock will rip if PMs do advance meaningfully higher from here