SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Inventus Mining Corp - IVS
GNGXF 0.04510.0%Dec 2 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
StemuliteWorks
To: Erie who wrote (652)1/15/2020 11:37:44 AM
From: molee1 Recommendation   of 728
 
Hi Erie ,

Stem will probably weigh in here but , Endurance SOLD ( not selling more , I think ) these shares at the same time as the "offering" . They were gobbled up quickly as were the extended "offering" shares . Good sign .

As to why Endurance sold , I think it was they need capital for their own mining efforts and saw an opportunity to sell a block at a fixed price . Can you imagine how long and at what price the 10 million shares Endurance had to sell if they tried to sell into the retail market ???

If mining results from Sudbury 2.0 are as good as "predicted" the stock should really take off .. ( we hope ) ... ;-)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext