SLM 13.8% 16.5¢ solis minerals ltd.

SLM Megathread, page-455

  1. 378 Posts.
    lightbulb Created with Sketch. 61
    My take;

    They did the opposite of what LRS does, Solis over promised then under delivered. The market then overreacted twice, once as a big sell and once again as a not so big buy back.

    When I say "Solis over promised", I infer that their promise was nothing more than the ambiguous suggestion there was a large lump of cheese. The market itself and the individuals in it created and spread the form of almost mass hysteria that formed the resulting bouncy line.

    I suspect that this almost cultural volatility may stay with the company for a period as news comes and goes, making it a target for short term trading which could amplify more extreme MC movements.

    We know there's cheese there but not how much, nor what kind.

    Its been quite a ride so far, the money that must have changed hands based upon 2 drill cores would be staggering, it could be enough to purchase several tracked drill rigs lol.


 
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15.5¢ 16.5¢ 14.0¢ $229.7K 1.502M

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No. Vol. Price($)
2 14890 16.5¢
 

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Price($) Vol. No.
17.0¢ 85362 3
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