Only speculators are buying now, the sellers are de-risking. Typical speccie stock, share price will go up marginaly on good ann. and rise sharply on excellent announcement. Its the way of the market, been there many times, lose mostly and get it right 1 out of 10 times. Im due to get it right been on losing side for 1.5 years...
It takes along time to organise and plan next drill phase, need to be patient. We have about 1km worth of core samples that need to be analysed layer by layer, it takes time....
For the shares that have been on escrow, dont think there is enough volume for the holder to be able sell, if he does he will be shooting himself on the foot. Most like the holder will wait for announcements to off load. But would also depend on the announcement if its excellent news then the holder may elect to hold it off till full value. If the announcement is good news i.e. not decisive, then the holder may want to de-risk and sell off some of the holdings..
Just the way it is. But you knew this before you got yourself into a stock like this didnt you? Ah we always make the same mistake, the greed overides discipline.
Good luck, you may win the jack pot with this one.
CEL Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
