Re: Slow a steedy....goldstar40
in response to
by
posted on
Sep 25, 2009 01:50PM
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
"I stand by my call of a bottom at 1.72 I know ANYTHING can happen to affect the trend but in my opinion, we are still fine."
It looks like we will get to your $1.72 price next week. Today we may come to rest at $1.75-$1.77. A slow and steady decline with a reduction in volume as we approach the apex of the triangle. I would much rather see a slow and steady climb as we approach the AGM. This has not been the case up to now. A hum drum AGM will push us lower on this type of trendline. We can all hope for surprises but they may not materialize.
I'm not trying to be negative goldstar. I just don't want to ride this thing back down to $1/share. I too hope that you $1.72 bottom holds because each $0.01 drop I loose x000's in value on my portfolio.
rosehill