I was the lucky buyer of a few shares at 4c today.
My hunch is that hot money is simply moving out of cold stocks rather than anything fundamentally negative. Many junior mining stocks in the EV space (Lithium, Graphite and Rare Earths) have doubled, tripled or quadrupled since December whereas O&G stocks have hardly moved
Many have made 100%+ on AJQ since its 2c lows and are taking their profits to parlay elsewhere because they don't want to miss out on the easy money by waiting for AJQ's next leg up.
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