My take for EPM buying activities this last 2 days are:
1. Jeff Bezos & Bill Gates making investment in Greenland as a vote of confidence for Greenland mining business 2. EPM staffs are working away in Greenland for update on multi billions dollar near term production quartz JORC number 3. Possibly to gather enough information from NAMA and work toward submission of the pit mining licence. 4. Let hope they will have some update on REE potentials where EPM had announced very encouraging numbers 5. GGG holders switching over 6. If Greenland government is banning uranium mine, they would want to accommodate EPM pit to production ASAP to secure financial independent from Denmark. 7. Some loose EPM shares and short term EPM holders are taken out this last month 8. Dodgy brokers are buying back and buy more on FOMO
Anyone else got reason for positive moves last 2 days?
EPM Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
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