Santo Mining Corp (SANP)

[SteveWin]

That chart is almost exactly the span of my experience with $SANP.. but.. look back another 10 months earlier. The little burp it had in early 2017 looks like the one we just had. I think this burp was entirely due to one whale doing a 2 Bn share accumulation - which I think is only half-filled - and I think they're more than happy to keep their order at 0001 for a few months, so the folks who got excited last week and bought in at 0002 and 0003, get discouraged, tired of waiting, and sell to their standing order at 0001.

I'd be very curious to know how many shares total have traded over the last 10 days - I'd bet it's about 3 Bn, which means that 2/3 of the outstanding shares missed this burp. THOSE 3 year bagholders might be willing to take losses this month for TY2020 tax purposes, and THEY might sell to an 0001 bid, helping that whale get to his goal so he can end his "accumulation phase" and start the "pump phase". (If its Frankie, look for some (BS) news about a new venture.. if someone else, look for an announcement of a reverse merger or something like that..) The irony is that right now, 0001 trades are GOOD, because they move us closer to that "pump phase".

So.. I agree that another really nice run is coming eventually, but I think it's a few months off, not a week or two. Whenever it comes, I think we can expect to see this ticker hit 0025.. But.. this is straight up gambling.. $1000 of 0001 $SANP is exactly like $1000 on "18" on a roulette table...