I think I know
posted on
Sep 01, 2010 05:10PM
New Discovery Resulting in a 20KM Mineralized Gold Belt
pretty much all there is to know about GNH at this point. I am comfortable in saying we have a major gold discovery whose real scope has yet to be revealed. I am comfortable with my sizable investment here and stupid me...I bought more today.
However, I am mystified why anonymous has decided to dump about 1.5M shares in 3 days on the eve of assays. It sure puts the company in bad optics. From everything I have read here and talking directly to those who where on the last site visit and Frank Candido and reading between the lines, nothing about the upcoming results will disappoint anyone. Anyone with that many shares to move is a big enough player to know the game and how it is played. So either:
They have to raise funds for what ever reason-remember, lots of reason to sell, only one to buy.
They know that GNH will have to raise funds in the next little while and hope they get the PP-dangerous game as other explore Cos with good results have seen fast SP appreciation and PP would be higher than what they have been selling for.
They know or think they know results are bad. If this was the case, I think things would be alot worse for our SP and nothing I have seen makes me think results are bad...late yes but bad no.
Anyways, we will have to see how this plays out but I will be on the bid again tomorrow, accumulating more of what anonymous is throwing out...stupid me.
Glorieux