Here's why you just have to hang in there.

I have been fortunate enough to have this happen in two other stocks which I held. Minco Gold and Revett Minerals. Sometimes the stock price just goes nuts. With Minco Gold it was a news release. With Revett Minerals the company was undervalued for one and for two did a reverse split with the hopes of getting a legitimate US listing.

I don't consider the pink sheets a legitimate exchange as the market makers do whatever they please when filling orders. Neither the Vancouver or the Toronto is much better IMO. I have had days go by when my bid was higher than almost every transaction that filled and I didn't get shares. I have filled out the Canadian complaint form on three separate occasions; for whatever good it does.

Golden Goliath had been trading in the .16 to .18 range for quite some time. It recently moved up to .30 on good drill results. Thursday morning more (and very good) drill results were released and the stock moved up a penny and back. Today somebody decided they wanted in or had inside info or whatever (I don't know why) and bought 200K (apparently at market) and the stock price went to 0.75. It settled out at the end of the day at 0.50 on high volume. The stock price went up 2 1/2 times in a couple hours.

Time will tell if it heads back up again and reasons become known or whether it settles back closer to 0.30 again.

You can't capitalize on these situations if you aren't in the market.

P.