Like your post mate.....same situation here.
Woof....woof.
I have voted a BIG NO. NO NO NO....NO NO NO NO NO
At least, Luke Tonkin forked $100K the other day buying some shares.
Totally agree some fat idiots sitting in the office must be shown the door.
Apart from all that...some incredible games are being played by some entity or a group of entity and the pattern is same in some of the good junior miners.
Although they are showing as selling but in fact stealth buying is going on. It will continue until all the weak loose hands who feed to it will dry up. When that will happen I don't know......perhaps when no weak hands left to sell. Volume is drying up......there are no real sellers at this price ......its only the algorithm buying and selling the same volume......few day traders here & there in between for pip trade.
Although frustrated, I am still of the opinion that SLR is in the best financial shape ever. If someone like Luke Tonkin buys shares for the first time at .365, when he could buy at as low as 13-14c, that says a lot.
I have bought the maximum volume/dollars I could allocate to one stock.
Accumulation is going on......will have to wait patiently for the distribution phase.
SLR Price at posting:
36.8¢ Sentiment: Buy Disclosure: Held