What a day!
posted on
Jul 02, 2010 04:51PM
New Discovery Resulting in a 20KM Mineralized Gold Belt
Well, what can I say, I did not expect us to finish green, and nice green at that!
I left my computer when we were at .56 cents, I came back and we're at .51 and I notice that the gap at .45 was filled and I was happy to see that we had bottomed out and we were heading back up.
Im not a big TA person, but I know a little bit, and the little bit that I know is that technically we are looking as good as a stock possibly can. All gaps have been filled (.45 and .56), lots of scared people sold, our stock is in MUCH stronger hands now.
Do you think that when it hit the low 50s, James wasnt calling up his big buddies and telling them to buy buy buy!!!! Or maybe they got a peek at the Midas Letter ;)
Unless like HOOV mentioned, he released his MIDAS letter to his subscribers and they bought the stock up, I don't know but I believe shares went from weak hands to very strong hands - just my personal opinion.
The economy stinks right now, the DOW and S&P got smoked this week, I strongly believe we will see a double bottom on lows like we did, this is why I've moved all my money into gold.....GOLDEN HOPE GOLD :) I think GOLD is in a bull market and will be going up and will break $2K/oz this year or next year, and there is no safer place to put your money than gold. Now Imagine you're a junior miner and you announce to the world that is in a recession that you have just found one of the biggest gold discoveries in recent North american history (I think thats the line Frank used in his NR), and this body of gold is connected for 20kms underground, WOW is all I have to think about when I think of where the SP will go from there.
Congrats to those that bought today under 60, as I believe we will never see under 60 again - unless thats the dividends this stock will pay in a few years ;)
Peace. Happy Canada Day Weekend to all, and let's all remember how lucky we are to be living in the best country in the world (no offense jacki79, we love ya) and lets be thankful to our Canadian boys and girl serving overseas (you know who you are board members families), and most improtantly tell your loved ones how much you love them, life is funny that way, one second your stock is flying up, next second you have a sick family member - be grateful for the life you have, and the rest will sort itself out.
TMl26