There was an electrical issue that caused a short.
Post# of 7795
Other issues have also been addressed and resolved. None were anywhere close to being a material event.
BLIS? No. (LOL!)
But it is a very good thing that a company paid $140,000 up front to SFRX so SFRX could "provide scanning services using its SeaSearcher technology..." for that company.
I bet that company did some serious DD.
This post might bear repeating.
Quote:
Just as an FYI regarding this find.
For some amount of time there was the expectation from the crew, management and the state that a small amount of gold could have been found.
Was there an indication of leaks driving up the price or big buys coming in? No.
Had a small amount of gold been found I can't help but think the price would have gone up. How much, I don't know, but up.
But there was zero indication of this information reflected in the market price. Price continued to do what it has been doing, as I said months ago - slow drop until announcement is made.
Which means no one except a tight circle of need-to-know people is going to know when this hits. And that tight circle is not going to be trading on that information.
So don't expect to see a run up before an announcement.
It's going to come out of nowhere.
Anybody see the family dump their billion shares they've been collecting over the last decade and accelerated (buying) over the last two years?
Didn't think so.