I imagine we must be close to some definitive news. What I find interesting is the amount of churn that is occurring between the lines - we’re seeing between 150k-200k churn regularly for the last few weeks, yet sp remains very stable at this 0.021-0.022 level (the bots have come out to play a little harder in the last week also, providing vwap overhead pressure). Difficult to determine if this is strategic derisking, or on the low accumulation. Either way narrative remains intact, and assuming our seismic is not a dud (which we’ve been led to believe it is not), then it’s still a case of fortune favours the brave (and very patient).
PCL Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held
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