NXM (goldie)
Very light volume but it is creeping up
8.5c cash backing and has assays due
What I find strange it BBX announced it had "visible gold" and ran from 4c to 16c. NXM announce "favorable geology in line with historicals" which were all high grade and visible, yet it sits below cash backing. If they confirm "visible gold" once the assays are released, it will fly with only 70M on issue - watching for a break on volume
SGQ
Just got hit with volume at 9c
I believe someone is capping it, as some lemming used an iceberg for a 300k sale the other day at 8.5c - pointless yes, does it scare retailers, probably. Another one appeared at 9c but I challenge if there is much too it
Day Trading Jan 12 - Morning, page-62
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