It seems that usually the announcement of a lot of new shares or debt would cause a drop in the SP, but that didn't happens here/
I haven't read anything about the expected price for the new shares, but I assume that they are the overseas hares?
I came up with several links by running a Google search for "electric bus caught fire at a charging station at Shenzhen Bay Control Point".
This is just one of them:
The SP keeps going lower, and they will probably cut the dividend to help pay for improvements and debt payments.
When they cut the dividend, the SP would probably drop even more.
So wait to accumulate ?
Sentiment: Strong Buy
The SP action is nice, but uncommon, strange and unexplained.
I sure would like to know what's going on with the unusual climb in the SP !
I only have shares left in my IRA with a cost of $3.29.
I sold the shares in my taxable account last year for $4.06 each. My cost was only $1.96.
Did anyone see something that would create a demand on the buy side?
Since they have kept pushing out the mining date, it seems evident that they don't have and can't secure the money it would take to open the mine.
So they keep diluting the existing shares, by issuing new ones to fund their prtend drill programs, that were supposedly completed years ago.
These fake programs gives them an excuse to keep an office open and to draw their salaries and stock options.
It seems that Canada doesn't investigate scam artists like Ken McSteal like they do in the USA.
Yeah, like they have been claiming to do for years.
Ken McSteel and his BOD just keep their SGF Scam running in circles so they can continue to milk it for their unearned paychecks and option to pay their bills.
I guess it beats working a real job, where effort and results are expected?