its called a capital raise
and they are bad bc they dilute the value of your investment and of course they are required bc exploration companies generally have no revenue.
this will be back at 2c in 8-12 weeks at which time they will be raising "capital"
there is absolutely no reason this should be going up other than the price of gold of which DTM "technically" has none
if they had made a discovery they would have reported visuals
same thing happened last year when SQM was in the middle of the drilling campaign. price shot up into the 5c range and then a few months later they raised at 1.8c.
I will give them credit for the fact the are generally spend thrift
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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6 | 969222 | 0.019 |
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6 | 700746 | 0.017 |
1 | 500000 | 0.014 |
Price($) | Vol. | No. |
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0.025 | 450000 | 4 |
0.027 | 13362 | 1 |
0.029 | 100000 | 1 |
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