Ann: Thick Nickel-Copper Sulphides Intersected Down-Plunge, page-75

@mitis

you need to focus on market cap vs value of new data

sgq is highly market capped for an explorer - $80m - reflecting very encouraging results to date. most explorers are $5-20m

but it certainly isnt a 'made' story

so drill results that just add encouragement but not concrete 'bonanza' results that point to a certainty of economic project will tend to trigger profit taking selling by traders as they sell out and look to buy back when sentiment weakens or just intraday

its in a consolidation pattern between 20-25c and it wont likely break out for a while unless there's some really powerful results - or perhaps breaks down if/ once the current nickel hype takes a breather.

more blippy/poddy hints arent going to shift a stock this highly valued- it just keeps the stock on its boil. which is why mgt is putting it out. and just be cautious of that because it can be how smart money lures in sucker money too.

there's a huge dose of retail commentary - ignore it as best you can.

all those 'geology structure' theories being propounded are essential to developing an understanding of how to triangulate to possible sources of 'future ore' - but are meaningless to share price on a stock this highly capped up until the thesis is proven

there is quite a degree of expectation in current sp. beware of that. but the ground is good and some of the prev results stellar - so it could well be a cheap price to buy

and that explains why you see price action like today and like the selloff from 25c the other day.