SGQ General discussion, page-23

Don't believe its Gina's, her placement was $20m or so worth of shares, the other was $50m worth of shares, which that $50m worth of shares is coming into issue today (its a guess, but makes sense)

So 3 reasons why i unfortunately reckon today will be another possible high red day

1 - Large number of shares coming onto issue today that are already 45% positive and are most likely looking for a quick profit especially if they were regular people that got into the placement and not looking to hold long, but also especially the sophs / instos that believe the current retrace happening in this sector has the possibility to flow into next week.

2 - Looks as that the REE / mining sector is having a similar red today as yesterday, MP Materials down 7% and looks like itll finish worse before close.

3 - SGQ was holding up pretty decently yesterday compared to alot in my watch list but was hit hard in the after noon, from what ive noticed is a strong close leads to a strong open, and a weak close leads to a weak open.

Its a shame as we had great drill results and again proves the updated MRE is going to be insane which should be getting annouced around mid NOV-DEC, SGQ has unfortunately been dragged down with the overall market despite the company nailing goals, if the overall ree market did not have a pull back on WED (15th oct) then with the great news eg CR / Gina / DD results, massive $ in the SGQs kitty now, we would easily be trading in the 25c range right now imo.

Probably shouldve taken some profits when it was nearing 20c as i noticed the sector was becoming a tad lazy but was hoping the DD results wouldve made investors in SGQ ignore the overall ree market taking a breather, wont bother taking profits now as it was just 18c and now 14.5c despite still being very in the green, but yes you are right with buying more towards 10c, ill be doubling down if the overall market continues to drag SGQ down to the placement price thats for sure, balls of steel gentlemen.

Imo - dyor

Happy Friday lads.