I must’ve re-read that announcement a good 10 times since its release. I’m trying to get a grasp on whether yesterday’s trading action was a dump or a tree shake. But when you read the comments from Ken you cannot be mistaken, it’s not a dump.
It looked like a dump as it headed towards 13.5c. I genuinely believe long term holders are weary of a CR. The release of the 1g/t production at the same time would have added to that.
But that late high volume surge in the last 30min was telling. I think there will be more accumulation like yesterday but the selling should dry up. Holders have to weigh up the possibility of more good results, more good announcements.
