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Tuesday, September 03, 2019 11:07:44 AM
No doubt they are eager to get their filings in order so they can start converting and selling, but by that time we will have the option if we want to sell or hold, before they can...
the gold sector rally is starting now and they have to do everything they can to try to improve this price during this rare opportunity. Miners have been waiting years for this period ... They dont have the luxury to stall things until they get their filings in order, which is good for us
This is the rare example where the situation is set up to benefit common holders more so than insiders ... i’m sure they have some stock and can make money into the hype (somehow), but they’re not gonna be able to mass dilute and we can overcome moderate amounts of dilution with this volume. We traded 20% of the float yesterday. In a single day, on a Friday, before a holiday weekend
The best case for insiders and funders is if they get the price so high it takes a long time to return to these levels, allowing them to liquidate shares into a higher price than this in the future... but again, this is all good news for those of us buying the bottom of the chart
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