Timmins & Beardmore - Northern Ontario

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Message: Monday- which way will it go?

Monday- which way will it go?

posted on Jan 19, 2008 08:38AM
Since Friday's price drop, I was expecting a bounce in the afternoon, but for some reason we didn't get it as everytime the price started to show support, the ask was getting filled back up again and again. The price of gold , Kodiak and Ontex all rallied toward the close to gain back some of their losses on the day but Sage was held back. I hope that Monday brings this back up like the others from Friday. The loss that Sage incured on Friday was with 2 great news releases and yet we were decimated by our share price. Kodiak and Ontex did not release any news and they recovered a good part of their losses........Nothing has changed at Sage,if anything things improved.Bottom line is that if this was worth 45-55 cents a week ago, what happened so drastic with the company that it is only worth 28 cents now? A sell off was predictable but it should have recovered, hopefully gold takes off and this will be a distant memory in another week from now. Good luck to you all!
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