Could be interpreted both ways.Couple of points ... if the...

Could be interpreted both ways.

Couple of points ... if the ground is good the price of copper is also.

True North Copper Limited (ASX: TNC, “TNC” or “Company”) is pleased to advise that it has signed bindingdocumentation
with Millinium Capital Managers Limited as trustee for MP Materials and Mining Group Fund for a placement of A$5 million
comprising the issue of 41,666,667 fully paid ordinary shares in the Company (Shares) at an issue price of A$0.12 per Share
(Placement).

The announcement has created liquidity ... and the delays in settlement even further liquidity.

The deal might be suspect ... so we'll find out soon.

Two liquidity announcements within 3 months now after the first ...

True North Copper Limited (ASX:TNC) (True North, TNC or the Company) is pleased to announce it has signed binding offtake
and toll-milling agreements with one of the world’s largest natural resource companies, Glencore International AG (Glencore)
for its Cloncurry Copper Project (CCP) in Queensland (see Figure 1).

There are a decent ratio of shares going through Cboe, no long term shorts but a few daily shorts being covered quickly

Shorts yesterday ...

TNC     TRUE NORTH COPPER LIMITED         FPO                  115,216         417,709,549         .02

This is normally associated with bot activity.

The "flag" pattern is acting perfectly ... confirmation of the CR by the 26th and it breaks up, and vice versa.

Buy if you're greedy, sell if your fearful! lol