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5.9¢ galena mining limited

Ann: Galena Secures $90M Project Equity For Abra, page-128

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Spider-Man

873 Posts.

65

01/02/19

20:09

Post #: 37305049
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Originally posted by Generalrelativity ↑

There’s something interesting going on here.

We have at least 3 brokers that have done reports so will no doubt be active at some stage or another.

The sell side is quite a bit heavier than the buy side and someone was on a mission to push the sp up to that lower buy valuation and then it was bracketed. So the brokers buyers have certainty at what they can pick up G1A at.

The sell side being heavier will spook those that are loose holders for whatever reason/s.

But it’s the weak buy side that’s the interesting one. There’s no hurry or panic to put a balanced at market buy depth to give the appearance of support.

Usually one will see the first few buy and sell positions with similar depths
or total depth over those positions. This seems to suggest that whoever has take it to 30-32 is happy that there aren’t any big dumpers that might try and manipulate the sp down. Perhaps they know the sell depth is their own !!!

Gr.

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very interesting, so you I reckon next week one of those brokers will take fire on G1A, I guess first meeting then decision: BUY!!!

G1A Price at posting: 31.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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