James Bay Lowlands & Bob Lake Saskatchewan

Yes, a BIG HIT and only more big hits are coming

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Message: Retest 40-45 cents tomorrow?

Retest 40-45 cents tomorrow?

posted on Jan 09, 2008 12:53PM

More than likely another gap down on open, SP may retest 42 to 43 cents.  Good buying opportunity for all, and if the past is any indication than support should hold just above the 40 cent level. 

Seems to me that the SP is being (and has been) teased down to the $.40 mark for accumulation - I suspect by the parties involved in the last financing.  Be patient until drill results come, said parties have a vested interest in an eventual high share price but for the time being it will be to their benefit for the SP to drop (to further accumulate).

Assays could be released any day, however given 6-8 week delays we may not see results until February.  Hold on tight over the next week, things may get bumpy but the upside will be measured in multiples.

Long and Strong

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