I think majority of "traders" that are on large gains may have exited, and a few that were left may have been burnt out in the stop hunt Thursday afternoon. Phase 2 Drilling results are what is really going to get the gauge moving!
I have watched TG6 very closely and the trading patterns over the last few weeks, and it does seem that someone is attempting to accumulate. The pattern of selling down multiple lines into the bid and then line wiping its way up and then capping again has been repeated constantly especially this week. Almost trying to draw out them holder sitting in huge gains to sell into it.
Tomorrow will be interesting, tomorrow if we receive an announcement may even be an opportunity to fool the "fomo holders" out of there position if tomorrows announcement doesn't contain anything for phase 2 drilling. just throwing it out there
TG6 Price at posting:
89.0¢ Sentiment: Hold Disclosure: Held
