this is on a sharp decent from 5.5-5c. as late as 22 may (only 3 weeks ago)
why? who is the seller ? could it be vendors?
The market valued this months away from drilling at over 5c, there is no reason that it would not return there then if with positive results even the better for it.
given that drilling has to be within weeks, it is at odds with the price movement.
Who sells like a deranged dog this close to drilling?
now either its all a big fat con job, and there will be no drilling, or indeed there will be, and a seller is not thinking about value add but urgency to cash in pocket.
Assuming that we do prove up a resource, look at what DKO (NLI) did who sold a resource to PLS as they were neighbors to it.
LKE Price at posting:
3.5¢ Sentiment: Buy Disclosure: Held
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