What situation are you referring to?
If you mean the general state of SCY there isn't that much to say. They are advancing slow and steady. I expect them to announce another scandium agreement, some project work, and some financing before the end of the year. I've wanted to keep my cards close to my chest regarding this play and the evolving scandium story while I accumulate and wait for other opportunities to mature. But I will say that I am 99% confident that SCY will succeed and I am 100% sure that scandium will became commonplace within 15 years.
In pretty much the same way I was 99.9% positive that Mexus would eventually sign a JV deal. Even with the weird activity on Friday Mex still finished up about 40% for the month after announcing their new historic JV. August will lead to its senior partner, Argonaut Gold, announcing the JV in a more public fashion along with a preliminary drill program in short order. When they do I suspect Aug-Sept to be an entertaining couple of months. When the drill results come out the stock will fly and there should be opportunities to take profits.
A lot of them will go here. Maybe I shouldn't say anything but so few people will read this this message that it doesn't really matter, and I am all for sharing since everything I know I learned from others sharing on the internet and from my own experience. I think you can make 5-10x on Mex, pull out a bit, and then make 5-10x on SCY and hold both long term to dollars per share. I think this is a rare opportunity to turn $10k into a million with a high chance of success. Sounds crazy but I say it with a straight face.
We already had one good move this year with a SCY, a double, and it was probably prudent to take profits into the rally given the general state of the economy. I didn't. Now it's given back all of its recent gains. I am surprised it has gone down this much but that's the double edged sword of a low volume penny stock, moves up and down are hugely exaggerated and SCY is a junior in a market where all juniors are being trashed.
I don't know the exact reason why SCY trades more like a gold junior than anything else but it does.
Good prices are exactly what you want if you believe in the project and are looking to make some life changing wealth.
