Discovering Canada’s Coal resources

Intersected 23 metres of Black Coal - Border property 50km north of the town of Hudson Bay, SK

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Message: share price

share price

posted on Feb 28, 2009 10:05AM

The share price was 2+ before the news that show a discontinuity of coal .

Now we are back more or less the same level before the three news.

yesterday the volume is more than 10 % of the total share, if we subtract the insider shareholders, I think yesterday volume had the short term investors cleaned out, last 2 months , the volume around 1.00-2.00 range was transacted in very small volume.

Most of the long term investors unless they kept it when the share price was 16 cents, they are much in a range of breaking it even or mostly at a loss. ( especially the PP holders )

With the last two pieces of information, I do believe we can climb to 5+ without much of a barrier.. in a month time, if the drills that penetrate the limestone show good result , I personally think that the price will go back to PP..unless there are very bad world news..

This is just my humble and optimistic opinion.



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