Re: OT- Bold Ventures - Bol - AND RNC Stock Halted
in response to
by
posted on
Apr 11, 2011 08:57PM
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 hear ya K, and we, again, actually agree more than disagree. I'm with you on the sp just responding to market ping pong for the most part, and you in fact agree with my idea that NOT's sp will not move until certain parties are ready for it to move,
"They know that at that unknown time in the future, when it is appropriate to have a share price that allows them to properly profit from their efforts, they will have the ability to make it happen."
Although I will agree that NOT has been tradeable at some points, NOT certainly hasn't been the most desireable place to trade as it is one of the least volatile stocks I look at. Take note of it finishing flat today after moving only a few pennies and today was a large move compared with recent action. So when I see a dirtbag sell for a handful of shares taking it down a penny....on numerous occasions by the same house and almost always in the last 60 seconds, I get just a little suspicious. I too see the myriad possiblities for why folks buy and sell, I do it myself, but some of those reasons are most decidedly nefarious and as long as their is money to be had....we'll have to live with nefarious. CMM kinda looks a bit that way at the moment. NOT has a tremendous value and who ever ends up with it is going to make a massive amount of money. It certainly wouldn't be any big deal to keep a stock down selling a few shares at days end when it has been stuck in the mud for a long time. There are far too many examples of people doing much more for much less to control something they want. When we talk about NOT's billions in the ground with billions more to be found, you have to know that someone will be happy to take it for as little as they can manage. When people make careers of lies to get people to buy when they want to sell....well they'll do pretty much anything don't you think? Selling a few shares into the bid isn't illegal is it? Telling some friends they should do it too isn't illegal is it? And they could do it on shifts just so that they don't adversely affect the sp too much on the 500 shares they sell right? :)
Just my point of view.
So, bye the bye K, tell us more about those barn doors out back that NOT is having a hard time keeping closed.