TBXR, anybody with mining insight know why this
has gone from .04 to .42 in the last 9 trading days on no news?
It was up .22+ today at one point. The last news was in October which was decent news but not earthshaking. Seems the market only moved it from .04 to .05 during October after the news.
So what's up or what's coming?
GEMM is tempting to go for more. Redcat, not that zen needs any help responding to your post, but those that did the DD last fall saw that GEMM was the gem out of the bunch. They were beyond the 5 ringed circus act of USCA-SGGM-CIM-ECPN-CMKX for the most part. I liked their stake in Project 1000 and I locked in at .035 at the time because the DD showed us CLEARLY what they owned and the history of "1000". I got out of that position in the black.
So anyone who thought a lot of GEMM back then....all I can say is simply read Diagem's press release. Project 1000 mine begins operations early this coming month. It simply doesn't get better than that.
Redcat, the market is screwy and you truly have to filter so many factors before hitting the buy button. It's even more screwy trying to understand why stocks move or don't move (see TBXR above as just one example).
GEMM got hurt for having a link to CMKX/USCA when the SEC and SFC came calling but in my opinion, they have always stood apart from that crowd in terms of their opportunity. To me even then it was clear they had something the others didn't. Last week's news was an welcomed eye opener. They are now a DIAMOND MINING company which to me further separates them, adding greatly to their credibility and potential value. If they maintain share structure, .07 is a good entry for GEMM IMO.
Digesting opinions and information to make good decisions is all many of us are trying to do.
Bo
