Re: whats goin on
in response to
by
posted on
Nov 17, 2010 04:04PM
New Discovery Resulting in a 20KM Mineralized Gold Belt
just like to add a few comments.
- Regarding Selling.. a penny stock with this low of volume can be manipulated by someone who owns only a few thousand shares and is tired of waiting for assays.. But it could also go up very fast by someone who just discovered the potential of this company.
-Tonnage: T1 t2 when i asked emailed GNH was 20-40 tons.. So its not far off and thats probably what they proved with last assays? the real tonnage is suppose to come from snow white to get that number to 100 million tons
-Fundamentals drive these companies, not technicals.. When we get Assays this current range of 46.5-50 cents can be forgotten..
-It's normal to be frustrated when you own a stock that drips a penny a day.. Nothing wrong with selling if you want to unload that stress. i've been tempted to do it myself but then i think about how nothing has really changed and the potential is there. I hold, at least till i see a real reason to buy more or sell.. which is assays.. Id hate to miss out on this stock because i was too impatient to wait another week or so.
- Another company i trade in and out of GBB.v last time was very late for assays as well. they got theirs 2 weeks before ours.. They expected a steady stream of assay results after the first ones.. they got their second release last week.. i think next week is out turn.