Ann: Mining Lease Granted for Isabel Nickel Project - San Jorge, page-51

imo part of the placement discount routine for sophs, etc, is to flip script on market.
sometimes that begins in the pump before hand, where old script is sold, and replaced with the discounted.
its that sell mechanism that nearly always sees the sp, sold back to the cr, and the retail is the one who pays the premium for it.

its rare, that a placement goes to genuine sticky hands imo. Why would they take the risk of a long position, when the discount is an instant profit for them. thats the general regurgitation that moves their money from one to the next.

We know that their gears are turning on this, so i for one, wont be the bunny who pays the pumped price, easier to let the market settle and the discount ensue, and then if at that point, consider entry if the base of the discount seems supported, ie not on a pumped platau. It often implies many weeks, months to close out the wash cycle as well. I've learnt that patience is rewarded, without applying any FOMO into my actions.

The rational of a pump, is to capture the rising sentiment and rationalization of perceived good times ahead. To bring the retail chumps to the cash register. If its rising it must be good? it depends whose pushing it higher.

In this case, there are genuine milestones , to rationalize, but that wont stop the ruthless nature of the discounted CR machine from reaping.