Exploring for Gold in the Rainy River and Red Lake districts of Northwestern Ontario

81m @ 5.08 g/t Gold, 28m @ 13.28 g/t Gold, 9m @ 12.88 g/t Gold, 46.6m @ 2.28 g/t Gold plus Bonanza grade Silver (up to 1760 g/t)

Free
Message: Re: That Looks Better This Morning..
2
Aug 27, 2010 10:35AM

It's definitely looking a LOT better today. As we all speculated it does seem like there were some big players driving the SP down to build their positions these past couple days.

Yesterday we had nearly a 1 million in volume by this time and today we're at ~450k and the SP has gone up .045c. Why? Becuase the big boys aren't selling hundreds of thousands of shares to suppress the price and keep it down.

Honestly as much as the prices suppression causes short term pain and may even cause some weak hands to bail it's a necessary evil. It proves that there IS major interest from the market makers and Bayfield is starting to gain recognition. As they continue to find more and more gold on their property (hopefully) this story is going to take of like a rocket IMO.
Cheers,
Gamblor.

Share
New Message
Please login to post a reply