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Message: Re: Last week of the month !

Aug 16, 2013 05:22PM

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Aug 26, 2013 01:34PM

Absolutely correct, I stand by the believe that this is mainly from traders in the offshore through Anon. They didn't make a penny this month and are likely in a loosing position. The commissions are so razor thin in this business, trading banks like TD, Royal, and CIBC use their own trading accounts.

There is already stock offered at $0.065 cents, now trading near its all time low. It is sure a crazy game, can you imagine how many people got sucked into buying above $0.10 to $0.17, when they can clearly buy all they want below $0.10. It is certainly looking like another insider low ball financing since I don't believe any brokerage will put money in at any higher price than where it is right now. Some say wait and see and that I am too negative, but I am generally of the opinion that the trading in the stock never lies, i.e. when there is something going on, there will be buyers. Most of the buyers are investors averaging down hoping that this will recover once the financing is complete and the drill program is SUCCESSFUL.

If this goes any lower, I may have to buy some stock on sure principle that 30 Million shares of buying can't be all wrong!!!! RIGHT?????

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