Timmins & Beardmore - Northern Ontario

Focused on becoming a near-term Gold Producer

Free
Message: Heavy volume no change in SP?????

I agree with you Goldmember, there is significant selling pressure as soon as the sp begins to rise. Sounds like day trading in a bear market...squeezing out profits without having to incur much risk.

Red911 has been tracking GMP as per his posts, and they have been responsible for a significant volume over the past week or so. For what reason, I don't know. Just hope not for reasons that would cause others to bail out as well.

One positive on the day is that our support level has moved up to the $0.065 level and appears to be quite strong. This will definitely set the sp up for further appreciation with the nr's that are expected to be released over the next few weeks. Would be nice to see KXL nr and the general market to help out a little as well.

All in all, good to see such high grades coming out of Jacobus, even if they are only grab and channel samples. Just a little more detail of the full picture.

Cheers!

Share
New Message
Please login to post a reply