Re: Frankfurt stock exchange as of 22 nov 2011

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

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)

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paschiliko

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Re: Frankfurt stock exchange as of 22 nov 2011

in response to

Frankfurt stock exchange as of 22 nov 2011

Rich43

posted on Nov 22, 2011 06:07PM

just a little hint. such a rise in share price doesn't mean anything....

in frankfurt and in ohter german stock exchanges as well , there are pretty large spreads.

other point is that there is almost no volume. Therefore most of the time there is no trading at all.

If there is no trading, sp equates the bid price. Remember, there are pretty large spreads.

If someone buys a couple of shares out of the ask, sp rises pretty much.

In fact there is nothing going on , its just because of the spread an the low volume (mostly no volume).

What Im trying to say is that sp rising in franfurt is no indication at all.

BTW, pretty good day again, seems like we start climbing again. Keep my fingers crossed