Re: Wednesday Evening Observations/MJ
posted on
Oct 10, 2007 05:12PM
I appreciate your position. Strikes me as a little overly stern though on what seems to be a naturally evolving set of reports on a favourable property. They keep drilling .... and they keep finding some very nice results. Eventually they will drill a defining set of holes that will answer the important question...."how much is there?" In the interim, as you stated, the powerful trading forces will try to undermine the SP to their advantage. And why? Obviously it is of value to be involved with this stock .... and so for us. Ultimately I think reports like todays will only strengthen our position and I think it serves as well as can be expected as a plan to offset the shorting and manipulation. It's good news promising more good news. As for the SP, the powerful groups really didn't put that much of a dent in it today. Pretty much a tail between the legs for them. I'm not saying the SP can't drift lower, but I suspect that more people/groups will find todays report more of a lift than a drag and I think the SP will reflect this over the days.