Re: WOW! SP at 20 cents

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CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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golfyeti

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Re: WOW! SP at 20 cents

in response to

Re: WOW! SP at 20 cents

MoneyK

posted on Nov 30, 2020 11:55AM

Somebody wants out at 0.17$. Over 600K shares. Party is over for now! lol

I always find it odd when a supposed big seller steps in with a much lower Ask moments after a single trade jumps the SP 25% from .16 to .20. If you were looking to unload would you jump in asking only .17 when totally minor buying pressure just seconds ago sent the SP up 25% to .20? No! You would set your Ask at a minimum a few pennies higher than the current Ask, say .22 or .23 and sit to see what happens -- that would harvest an extra 20 - 30% profit! If no moves are made to grab your shares and you get ansy, well, then and only then do you drift your Ask down.

Let the Games begin!

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