Re: Buying back in...
in response to
by
posted on
Dec 08, 2010 04:39PM
New Discovery Resulting in a 20KM Mineralized Gold Belt
ummm...go take a look at the volume & SP leading up to the Sept. 22nd assays. I'm not saying it was the result of a leak since there was already plenty of hype in the investment community in general but it's incorrect to say that there was never a build up in volume or SP before a release.
mtl-gold - they had a NR announcing Zurowski joining the GNH board on Sept 20th, after that announcement volume increased. There was no huge volume buildup prior to assays being released on Sept 22nd - that day had big volume, but the news came out pre-market, so there was no buildup and its correct to say there was no build up. Other stocks other times there maybe a buildup, that particular case, IMHO there was none.
TMl26