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There are lots of reasons why quarterly reports are optional...

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Alterego1168

1,525 Posts.

17

23/04/18

15:04

Post #: 32631547
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Originally posted by Subs ↑

The cash on hand balance seemed pretty obvious to me and I posted my quick calculation early in the day. Not sure why others didn't see it, or maybe it was just the swarm of Shorts and downrampers spinning crap that confused some along with a "double down" sell off by the shorters inducing some panic? I think many, many holders purely follow the charts on this one, thus the volatility we see so often.

The quarterly really isn't too bad, no where near what one would have expected if they just looked at the short levels increase. I'm guessing they expected much, much worse. The next week should be interesting.

In the end though, PLS is down 3.35%, ORE, 2.67% as well, so the current 4.29% really isn't as bad as it looks, especially if we close strong like we did Friday.

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There are lots of reasons why quarterly reports are optional once in producer mode; while 4C financial statements like profit & Lost statement is mandatory.

GXY Price at posting: $2.89 Sentiment: Sell Disclosure: Not Held
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