Re: Where's the Volume?
posted on
Mar 20, 2013 08:04PM
Hey Probesters! Its been awhile since I've chimed in. I've been hunkered down waiting patiently like cobra ready to strike white labratory rat. That time has come.
Volume sucks as Stainless so astutely pointed out, of which the reasons for I agree. THE SHARES ARE IN STRONG HANDS! A majority of stockholders' shares aren't for sale and are locked up for the long haul at this point. That means that whats trading now is just BS trading activity on margin or light retail trying to scalp small profits from both the short and long side. Maybe some program, ALGO stuff as well. This will continue, but who cares?
Mark my words. A'int no f-ing way that a hostile takeover can happen here. A very small probability at best. Those of us who are long and strong are behind Dave, speak to him regularly, have visited the conferences/Borden Lake, and know what we have here.
This is analagous to buying a virtually risk free U.S. zero coupon bond a deep discount, cents on the dollar, knowing that waiting patiently long enough will eventually be redeemed at par.
The gold is on the ground. There is more coming. Dave knows it. The smart investors know it. The peckerheads f-ing with the SP could care less. STAY THE COURSE! Stop looking at the daily price action. It will drive you nuts.