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Finger that's how mineral exploration companies trade-they are quite volatile.
The trick is to 'buy low' and 'sell high'.
Gold is up $25 bucks today; junior gold stocks will have a huge rip as gold appreciates while Biden/The fed keep printing trillions of paper from nothing!!
That won't happen
We agree on something.
I wouldn't let John O'Shea walk my dog let alone have him as an executive!
Your post in no way changes what is happening to PLYN.
Instead of insisting its NOT a convertible debenture what explanation do you have for the insidious loss of equity pricing in ACRL?
In logic, Occam's razor is used as I have: OCCAM RAZOR DEFINITION-a scientific and philosophical rule that entities should not be multiplied unnecessarily which is interpreted as requiring that the simplest of competing theories be preferred to the more complex or that explanations of unknown phenomena be sought first in terms of known quantities.
Inotherwords, the simplest explanation (ie convertible debentures is the explanation in the disastrous depression in PLYN share prices) is usually the most accurate.
The ACRL farce continues.......
In the first place ACRL's property is NOT next to KLG. It is 3 kms away and in geological terms that is like an ocean.
Secondly,ACRL's property is South of the fault where no real gold finds have ever occurred.
The First Nations connection has done nothing for the stock or nor will it, in my opinion.
With all due respect you are incorrect; I've seen it happen and it was a huge legal firm that did it-that was done 3 months ago.
There is no doubt in my mind PLYN is suffering from a stock price 'death spiral' caused by a convertible debenture.
The expanding volume and the huge price implosion ($1.80 to 7 cents in three months) supports my belief.
Have a good day.
So PLYN did the financing through a CV 6 months, nine months ago. I know lawyers who can get the Hold off in as little as 3 ,4 months.
Sorry, I know you don't want to comprehend this stock is being thrown into a downward spiral but the volume, the price depreciation proves, indisputably , otherwise.
You can't be an investor and a prospector?
Your chronic bearishness is certainly laughable at times.
I disagree.
I'm back, but we had problems with our tracked backhoe so its getting repaired should be up later this week to do some more exploring.
Looks to me that PLYN has been financed with a convertible debenture as the stock gets lower as the volume increases.
Convertible debentures are commonly done with a 15% VWAP discount; meaning that the convertible debenture holder can buy the stock from the company (free trading) for a 15% discount on the last 5 days average VWAP trading price.
No risk for the CD holder so he sells , sells and sells again always making money as the stock plunges in value.
Its a s downward spiral that cannot be stopped.
The only question is: did the insiders know this would happen or were they duped?
PLYN is a complete mess at this point.
Old news; Berry has done NOTHING for ACRL. Dion hasn't done squat either.
Stock looks like it will crumble-better get the paint machine going!!
My apology, Finger.
My apology, Finger.
Thank you for the clarification: The largest trade of the day was $550 with many 50, 25 and 100 lots 'tics'
Finger: only God, "Knows everything".
Biggest ACRL trade of the day-20,000 shares-that's $55 ; what a paint tape!!!!
"SOON" is a constant, chronic ACRL theme.
But 'soon', NEVER happens.
CTO lifted-'soon' for 3 years
Audited Statements-'soon' for 5 years.
Drilling-'coming 'soon', no drilling for 4.5 years.
Debts-'to be paid off 'soon'-ACRL still $1MM in the holes.
The list goes on......
Need to have Level 2; you'll see it. Many of them.
So you really think the 25 share, 50 share orders are legit buys?
Come on!
Oh, and now I see a number of 25, 50 board lots; 25 ACRL buy is 62.5 cents; this is very amusing to me, not holding this crap but it should be scary to those holding this Pig.
The ACRL tape is a joke; many 100, 200 board lots; how much is 100 shares at 2 .5 cents-$2.50 cents.
Does anyone believe there are 63 different investors buying $2.50 cents each of ACRL?
Its a joke; painting the tape like this clearly illustrates the Ekmperor has no clothes.
ACRL is in the dying throes.
Ha,ha Thanks for the humour.
You remind me of Linus who waited patiently every Halowee'en for the Great Pumpkin to arrive!!!!
ACRL IS DONE; GET OUT BEFORE IT CRASHES.....
"Hope and pray" is a valid concept!
My Toronto Maple leafs have not won a Stanley Cup for 54 years that all I can od now, is 'hope and pray'.
Thanks Tim
Yes, its a chronic Millennial 'thing' to blame everyone else but oneself.
Thanks.
Good Luck today
Whatever.
You need to tighten up on your rhetoric.
Sell me your stock and find another playbox if you think this stock is valueless.
No, I don't know who Somo is: I've been in the gold exploration game for over 30 years and, in my opinion, JSHG is incredibly undervalued.
I was just trying to give you the best advice I could-next time I won't bother.
Have a good day.
Well if I were you I'd buy this morning at these low prices; or if you are fed up, I wouldn't blame you, sell this morning,I'm looking for some.
Remember, when trading don't let your emotions overrule your intellect.
Good Luck.
'm going up North next week.
Looks like somebody lost their water today-cheap stocks here have to buy some tomorrow.
D.
I'll tip my hat to the new directors,
Take a bow for the new Specters,
Smile and grin at the 'change' all around,
Pick up my shares and Sell,
Just like Hell,
Then I will get up on my knees and pray-
We don't get Fooled again!!!!!
The only people who have done well in this PIG are the insiders, promoters and the shorters.
This is the worst POS I have seen in a long time.
This stock has been nothing but a complete disgrace.
Nothing done, just promoters, insider, selling off.
Its stocks like these that give Penny Stocks a bad name.
You are dreaming in Techniclor.
There is 3 MM at 2.8 why don't you snap that up?