Something for the Typical Slow Fridays
posted on
Aug 19, 2011 01:59AM
Don't suppose the August 15th "Short Position" Report is available quite yet?
Thinking I could see a change in the nature of the trading activity, as anaemic as it has been, about mid week last week sure did not confirm it's self this week. Or did it? Not in such a way so as to allow this observer to be certain of what could be what. And thus, not dearing to speculate as to any possible WHY! And it is only that I am having some trouble Picking It Out of the near Record Low Trading Volume one day followed by the near Record High Trading Volume the very next day. Not to mention the exceptionally large (for this particular Stock, of course) leading Bid or Ask, though seldom both at the same time, and the equally exceptionally wide spreads typically separating these same leading Bids and Asks.
Don't suppose some Investors are showing signs of Panic due to the Rock & Roil & Roll Market Condition(s) and selling out today, OR showing signs of Panic and buying due to the Chaves Shock & Awe induced POG POP.
After today (Friday) I guess it will come down to "Guessing" as to whether the last set of Drill Hole Assays will be included in the pending Resource Calculations, and how that is to be connected with all them new shares coming on stream in advance of the Public Release of the pending Resource Estimate stemming from them there Resource Calculations.
Makes one (this one, at least) wonder, why raise so much money all at once and use it to finance two drills at a time? And why focus on the unseen first (the Deep Structure Drilling) and target the seen (the Surface Structure Drilling) only just before releasing the All Important, so Much Touted, seemingly Critically Powerful NI Resource Estimate.
Kinda reminds one (this same one, at least) of the Drilling Phases undertaken with respect to Black Creek. Systematic with GAPS.
One (again, this same one, at least) has to conclude such is but part of the Highly Touted Unspoken PLAN. The Master Plan, one Guesses. And yah, the same old one yet again, at least.
As for those complaining about Promotion, think about how it came to be that some bunch of uninformed Moneyed Investors got to having a Major Bank/Broker approach little old Probe seeking to give them $15 MILLION, shortly after not selling a proven major Chromite Deposit, so as to drill a newly acquired, though never ever drilled or trenched(???), greenfields prospect just happening to be no more than a good stone throw from a well traveled and maintained regional highway, in a region of the province where half the Geology Students in the country likely did some of their Summer Practicum's up to 50 years ago.
Anyone want to throw this one (yah, this same old same one) half as good a bone?
Otherwise, who'll be the first to post the August 15th 'Short Position' Report?
Old Joe
PS: Speculation is a sure thing. It's the outcome that's uncertain.