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Message: up $5.11 on overnite

up $5.11 on overnite

posted on Mar 23, 2010 07:41PM

My board shows cliffs up another .63 from the close of ...up....$4.48 with the last recorded trade at 7:02pm for a total $70.35 usd

That is up $5.11 for the day!

I held SPQ and KWG this morning but sold off my SPQ for a very small profit. The more I look at this the less confidence I have in these juniors with so many outstanding shares. Without institutional buying this stock can't get past small retail trading which quickly reaches it's cieling. They need a reverse split to make them attractive. I heard that was tried but some einstein rallied retail and killed it.

What is the point of owning something that you want to sell for a profit and then you go about making the thing as unattractive and useless to any and every potential buyer??

Do I see this wrong?

I'm keeping KWG even though it is even more diluted but with CCC and our roughly 19% stake I think this is the more proffessional company and someone will figure out that we need to consolidate the shares to make this thing not look like the italian lire of the stock trading world. The NSR and it's leadership role in both the RR as well as leading the drill program make this a better near term play imo.

Does anyone have thoughts on this ....or am I wet in my thinking?

I also hold BMK which is potentialy attractive to Noront for it's vast claims but that is about the only game in town for this dog. Management there couldn't care less about showing up for work unless someone wants to buy it for it's kibble. I'm upside down so I'm waiting for ANY news to dump it. First loss may be the cheapest.

just throwing some stuff out there for your comments and critique!

best to all......carry

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