Just trying to get up to speed on things while trying to pick up a few shares but the prospect is obviously a weather play. Buy the summer and sell the winter. Stops snowing at Larder Lake, June through October. I can't see any news flow here until after October 2018. According to my theory we should be selling now as February is the month of the highest snow fall. Doesn't hurt to get in early though given it's a new prospect, but as we go forward I'll be looking at selling the snow and buying the thaw.
Here is a graph of the temperature at Larder Lake and a link to the weather in this part of the Abitibi greenstone belt. I'll be doing more research here if anyone will drop some shares on my offer. Happy to hold until the end of the year though. Don't pay too much though because the exploration isn't going to happen until June if you believe the weather charts. Esh
https://www.worldweatheronline.com/larder-lake-weather-averages/ontario/ca.aspx
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Last
$1.39 |
Change
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Mkt cap ! $571.8M |
Open | High | Low | Value | Volume |
$1.33 | $1.44 | $1.33 | $4.675M | 3.371M |
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No. | Vol. | Price($) |
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4 | 80248 | $1.39 |
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Price($) | Vol. | No. |
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$1.40 | 9275 | 2 |
View Market Depth
No. | Vol. | Price($) |
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5 | 386752 | 0.145 |
6 | 299000 | 0.140 |
8 | 191611 | 0.135 |
6 | 319853 | 0.130 |
5 | 292000 | 0.125 |
Price($) | Vol. | No. |
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0.150 | 40000 | 2 |
0.155 | 367180 | 1 |
0.160 | 460998 | 10 |
0.165 | 353140 | 7 |
0.170 | 248919 | 2 |
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