That’s to be expected with a low purchase price
Post# of 2067
(Total Views: 254)
Posted On: 07/29/2019 6:05:05 PM
Re: Alascantrade #502
That’s to be expected with a low purchase price available for such a long time, a high share count, and some shareholders worried about the timing of a possible reverse split. You just have to plan your exit strategy and sell at your target or ride it out til those that want to take profits do so, and enough shares change hands. And that will happen with every step of the climb.
Right now we are seeing some momentum based on a few good PRs, but there has been no gold recovery reported yet, and we have reached this point before. The reported gold recovery will be the first real catalyst which will either float or re-sink us. Should get us to 2-3 cents if good. Followed by announcing a full pad of ore starting leaching 1st week of Aug, and those subsequent results likely a month later. That one could be huge.
In between those things will be the Qrtly report due mid-Aug. which may or may not cause a dip based on the content, and how it is perceived.
At least we seem to be in a better position this week than we were last week. Cheers!
Right now we are seeing some momentum based on a few good PRs, but there has been no gold recovery reported yet, and we have reached this point before. The reported gold recovery will be the first real catalyst which will either float or re-sink us. Should get us to 2-3 cents if good. Followed by announcing a full pad of ore starting leaching 1st week of Aug, and those subsequent results likely a month later. That one could be huge.
In between those things will be the Qrtly report due mid-Aug. which may or may not cause a dip based on the content, and how it is perceived.
At least we seem to be in a better position this week than we were last week. Cheers!
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