Saturday, February 25, 2017 7:50:21 AM
If not next week, very soon. Once Cougar begins drilling, and there is confirmation that the graphite deposits are of similar high-quality to the others in the Toamasina-Brickaville belt, it should gap and run above 0.10 CAD.
Even if they find a high percentage of lemur droppings, it should hit a dime, given the float around 30 million.
I noticed that too. This block has been for sale, and has been a "moving target" for a while now. It started at C$ 0.095, moved to 0.125, then 0.09, 0.095, and now @ 0.15
According to the latest filings, there are only 4 to 6 entities with more than a million shares, besides DW.
Assuming it's someone who bought the PP @ 0.05, it's a 200% return, and then they still have the warrants, so it's plausible to sell this entire block at 0.15. We'll see.
I am now one of the "Only 25-30 shareholders own 300,000 shares or more." mentioned in the filings, besides you. Come to think of it, you've bought a lot of shares since the PP, are you in the Million + club now?
Yeah, you think that at some point the so-called experts in the graphite space would have recognized this fact, but since they get paid to pump companies who have a good story, but no drilling permits, they have no real interest in even mentioning DNI.
Later, bro!
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