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Focused on the Rice Lake Gold Belt

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Message: Re: Is this Some Kind of Joke?
1
Jul 20, 2010 01:49PM
1
Jul 20, 2010 02:06PM

SKP doesn't have enough volume to trade or be stable in the absence of earnings. It went up when it was being promoted at conferences and gold was on the move.It goes down in the absence of anything else. IF the drillers were hitting much visible gold at Rice Lake the word might leak out, I would think, and the price would be stronger, but who knows ? As the price has dropped, there hasn't been any unusual volume, so there aren't that many shares being sold, either. The stock is in limbo. The down side to less- than- spectacular drill results at Rice Lake could be limited, somewhat, by the potential cash flow at Dufferin, but I don't see why the the stock would go up much unless the drills hit.

Mosey

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