I doubt it's a leak.
posted on
Sep 15, 2010 02:13PM
New Discovery Resulting in a 20KM Mineralized Gold Belt
I would say it's more likely awareness.
Anyone who holds more than 100k shares is probably well aware of what is going on with this company and has been probably patiently waiting for the actual newsflow.
I can't blame anyone who would like to take some profits off the table but the whole reason I am invested in this company apparently begins next week.
I continue to look and I continue to come up empty handed on finding anything remotely close to having the blue sky that GNH does.
Someone could make a case that we are overvalued based purely on presently known drilling results. I have no problem with that argument. However if we get another 8000m in which looks like a hefty portion of it may be mineralized...well that argument goes out of the door pretty damn fast.
I see this as worst case scenario we have hyped ourselves into a tizzy and assays come out and we drop to 62 cents and then the flow of assays push our SP up to 1.50 by December based on actual drilling results, no hype or blue sky included.
Personally I would not endorse this stock to my professional friends on Bay St. There is nothing to back it up! If we get some actual drill results the argument for this deposit being open in all directions with a step out 6km away becomes quite compelling doesn't it?
I'm looking forward to a few acquaintances of mine thinking, 'Ahhh...so THAT's what he was talking about. Maybe he wasn't captured and brainwashed into investing all his money into the Golden Hopes and Dreams Sucker Fund...'