Look carefully at the today's current market depth.
6,558,797 in the BUY cue and 10,229,598 in the SELL cue...
Looks bad doesn't it??
Interesting thing is of that 10,229,598 in the SELL cue 8,561,740 of it is only available at Mondays closing price of 9.2 cents and above...
and,
90% of that is only for sale above the magic figure of 11 cents where it seems to have been placed very neatly OUT OF REACH of today's trading range for current buyers.
So yes the SP could close lower today however this is because s o m e people with plenty of cash are intentionally manipulating the share price to scare you into selling at these lower prices...
In reality the majority of people selling this stock at the moment are those who already owned plenty of NML shares and may have purchased more shares in the CR and are trying to make a quick profit.
The trading will settle down. NML will bring out more positive announcements in the future. The share price will once again climb higher. NML will now have free cash to explore. Things are going to look good again. IMHO the company will actually look great in the not too distant future.
All it usually requires is patience!
Remember IMO people only lose money when they sell their holding at a loss.
Mining stocks raise capitol all the time and usually its for the better so the price will eventually go up based on good results, sometimes way way way up on good discovery. This is why people buy these stocks.
Patience has always been the key to successful investing unless the reason why people originally bought into a stock has changed for the worse.
IMHO this new mine is definitely for the better for the company and its share holders and time will once again prove this to be true by properly enhancing the share price based on solid work and discovery!
GLTAH+ DYOR
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