Thursday, December 07, 2023 10:19:47 AM
Well, we did get a PR, but not the one I'm looking for, but nevertheless, it's a decent Press Release.
So far, the activity is solid trading, and we may have seen, for the moment, on the low of .0005. This is a good sign.
For the last couple of sessions, it appears that dilution has tapered off considerably and that tells me something big is about to come fourth. Reason why I say this, is that this company, has at least a dilutive mindset and when a company holds back it is about to announce something that they may feel could propel the share price or move it higher.
Now, with this thinking, simply means that the dilution factor will be very present on or anything pending, which will accompany with this announcement. Make no mistake about this. This will be your Q to trade into any positive development and take profits. You do not want to treat this issue, at this time, as an investment. This issue is a trading company and until dilution has been abated or ended you must trade into any upside.
We have dilution on any given day, but it is the amount of dilution that matters and currently it isn't something we need to be concerned about. I'm speaking for the last 2 days. Also, saying that 'No Dilution' is not really accurate. The OTC doesn't always correct the O/S from the daily, but what does matter is the end of the week that gives a true figure. The DTCC and the Transfer Agency will generally have the daily numbers, the latter is your go to for this.
We are looking very good thus far.
Have a good day
varok
North Bay Resources Announces Assays up to 5 oz/ton Gold, 1.5 oz/ton Platinum, 0.5 oz/ton Palladium, and 0.5 oz/ton Rhodium at Mt. Vernon Gold Mine, Sierra County, California • NBRI • Oct 4, 2024 9:15 AM
Basanite, Inc. Appoints Ali Manav as Interim Chief Executive Officer • BASA • Oct 3, 2024 9:15 AM
Integrated Ventures Announces Launch of MedWell Facilities, LLC and Lease Agreement with Giant Fitness Clubs • INTV • Oct 3, 2024 8:45 AM
Beyond the Horizon: Innovative Drug Combinations Offer New Hope for Alzheimer's and More • NVS • Oct 3, 2024 8:45 AM
SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service To Enhance Natural Rubber Industry's Ability to Report on Sustainable and Ethical Supply Chains • SMX • Oct 3, 2024 7:00 AM
Transforming Alzheimer's Treatment: Innovative Combinations to Boost Cognition • PFE • Oct 2, 2024 9:00 AM