Facts of life in the stock market:

 Some people buy stock on the open market because they believe the share price of that stock  is going up. Some people look at a stocks share price and feel the stock is overvalued so they short the stock, so essentially they are selling it. Two totally different views of what a stock is worth by two different investors. The longs vs the shorts keeps the market balanced. If all people, did nothing but keep buying a stock, the share price would soon get totally out of whack. The stock would be so totally overvalued no one would want to buy it. So in come the shorters to keep this from happening.

For some reason people just don't understand the theory of going short a stock. Every cycle in stock ownership has two things in it, a buy and a sell. You buy a stock and hope to sell it at a higher price. Or you can sell a stock and then buy it later, the hope here is to buy the stock cheaper than you sold it for. The exact same principals are used in both type of stock ownership here. There was a buy and there was a sell in both of these ways of playing the stock.

The art of manipulation in the market occurs at the big boys level. Obviously they have more money at their fingertips, so they can tip the scales on the ownership equation much easier than us small guys. The thing here is there are more than one big guy, so these types have to do their homework also. One big guy can decide to go long a stock and another big guy decide the stock is overvalued and short it. So once again we have a balance in the market. In all reality the big guys live under the same glass house as us little guys.

However, the real truth in the market with the mining stocks is the drill bit. If a stock has the goods with great assay results, these results will do the talking for the stock. If enough small guys like the assay results and all pile in on a stock they can drive the big guy that was short into some pretty irrational behaviours. This is where you hear the term short squeeze come into play.  The shorter needs to buy shares to cover his previous sells and the stock price keeps going up as no one whats to sell. This is where the share price of a stock gets totally out of whack to what its real value should be. Smart investors jump all over these types of occurrences and short the stock, this is where the big money is made if you get it right. 

So I guess the obvious answer to your question is yes the drill bit does the talking for mining stocks !!!

Al