Massive Black Horse Chromite Discovery

Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%

Free
Message: Re: confussion
3
Jul 21, 2010 02:50PM

It's value is what someone's willing to pay for it. That being said this is being held down. Not going to name names, I'm not one to slander, but not many people have deep enough pockets with enough shares who would put up walls of 1.4 million shares at 12 cents...from only 2 orders, and if that wall gets eaten through, well, toss up 1.6 million more. And this sort of stuff happens virtually every day. And the same few people are likely to buy blocks of 700,000 - 1,000,000 in one shot when it eventually loses steam and falls to 11 - 11.5.

Man, I must have woken up on the wrong side of the bed today. Enough ranting posts for me.

2
Jul 21, 2010 03:13PM
Share
New Message
Please login to post a reply