Re: Between now and March 2010...
in response to
by
posted on
Oct 01, 2009 09:25AM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
Red
Your assessment is probably accurate,but a really hot hole ,especially at depth ..with a trading halt ,and a news release on the assay results,and management opinion of the hole could revive the spark to get more buying interest in the stock..I know that one hole ..does not make a mine but we know that it is the deep stuff that we want to look at..On the other hand,,if there is no release on some kind of analysis of the deep drill results ,I can assume that they are good but not earth shattering..
Maybe....
With the stock so tightly held some frenzied buying could catapult the stock share price up quickly,revive the institutional; buyers,looking to improve their book values for year end,or lead to some tax loss selling on negative,or no results...
Personally,I am in for the long run with a low enough average price and would be a buyer on a tax loss selling opportunity to pick up some more cheepies..My lowest buy is 10K shares at .37..and would be looking to expand my portfolio's should the unthinkable happen..
The gold is there...just how much and where is the question..as well as the big question for all of us ...WHEN...??
I know many of us had to sell to survive ..other of us are more fortunate to be able to hold and accumulate on down turns..
Anyway..lets keep the positive attitudes ongoing...
Following Oddballs advice"Don't make w'it the negative waves.." is my attitude..
Happy trading..October is a scarry month..lets hope for some good October trading days..
Portee