I like it. Looks like 6-8 weeks and we should bust above the "clouds" into a new high. Just need growing volume to do it.
And by the way, i agree with your suspicion that someone is not "happy" with SRSR. Someone has been keeping this supressed purposely IMHO, for quite some time. Maybe some day thier motives will be known, maybe not.
Note the volume early when Scott took over, nothing even close since it just further makes me see that the last two years is noise and not meaningful really. It also demonstrates the tightly held issue.
With the developments made since than this is a time bomb awaiting that volume level to come back and this will explode upwards and form a new base above the highs we have previously seen. Note the trivial volume surge even during last years run to .20 compared to when Scott took over?
I would say we broke long term support in April and created a nice bottom from July to now. Will it hold? Who knows? Our PRs based on drilling results and NI havent brought in enough investors in the past to get the volume we need for a run. Neither did the DR deal. If I had to be our updated NI wont do it either.
Will we be able to hold support until we announce a JV? Depends how much time that takes. There will be people who need to sell for various reasons, and when you have to get out you have to get out.
I still feel it doesnt matter in the long run. I am buying at these levels and hope the JV announcement and upgrade to the TSX come sooner than later. If not I predict I will be scrambling for more cash to buy some more and avg down. In the long run we are golden.
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