IMO the action with the higher volumes traded and share price the last two weeks or so was probably in part tied to this deal.
I see it as mostly a buy the rumor, sell the news event, but there were only 4.5M shares traded yesterday on the TSX, so even that volume was LESS than our daily trading averages. I would interpret that as the strong hands are still hanging on to their shares.
The Company worded the PR about the deal, AS A PARTNERSHIP, but IMO it would appear to be an outright sale of Cameron. I agree with You about not getting enough for the property, just like Pickle Crow, Cameron has a LOT of potential.
I'm not sure how Keith and Dan view liquidating a property like Cameron. If they believed the gold bull market had years more to run and they could get more for it at a later date then you would think that's what they would do. Maybe they want to just concentrate on just Springpole and Duparquet and get rid of everything else? We weren't getting any share price credit for holding Cameron, so doing something
with it now may have been their best option.
P.S. Most of the crypto crap is entirely a momentum trade. When the air really starts coming out of this "EVERYTHING" bubble I want to see how it all does. My guess will be even FARTCOIN may tank. LOL
Trump and his minions may like crypto, but what happens to it when the next regime takes office? They may tear it all down. JMO
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