Re: 55 Metres of 5.7

Targeting multi-million high-grade oz. in Quebec

Windfall Lake Property, located near Val d'Or, Quebec: Indicated 538,000 oz. (10.05 gpt) / Inferred 822,000 oz. (8.76 gpt) (July 2012)

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alteridem

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Re: 55 Metres of 5.7

in response to

55 Metres of 5.7

Floorman 51

posted on Apr 26, 2012 11:46AM

Aye, Funky markets these days.

Wasn't that long ago that a NR like this would have spiked the share price 100+% in a matter of minutes.

Maybe the quick in n' out trading for 10% is the way to play these days?

Hoping that come 3/4Q this year the market starts to return to a sensible valuation for the good juniors out there. At present, seems merely trading on the Venture exchange results in an 80% de-valuation...regardless of the companies assets/potential.