All those other comments on the other Lakes resources threads’, sorry should of been more clear.
I think people are trying to sell out large to buy into gold mining/exploration stocks, at the best price. At the same time trying not to crash the price of the stock. Otherwise they might just be worry about management saying something is undervalued, management imo should never talk about the marketcap being undervalued... unless they explain why it’s undervalued. I bought into the stock happy with the price, until I heard from management we are undervalued... because now I’m worried what he knows I don’t know. He did explain why he thought people might be selling out ... not exactly a confidence builder to me.
Anyways when the marketcap is 10m or under I would be worried what’s going on that I don’t know.
LKE Price at posting:
5.7¢ Sentiment: None Disclosure: Held
