Share price/margin

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

khareema

Rank: President [?]

Points: 21476 [?]

Votes: 372 Score: 3.6 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Share price/margin

posted on Jul 02, 2008 09:32AM

There has been much discussion lately regarding margins. This is something I do not believe in, at least concerning the junior exploration market, and I do not use at all.

When I say never, there was one exception this year, in January, wen the SP dipped below 3.00. I relented and bought 25000 shares at 2.84. I was very nervous about it, and week later I sold them for 4.04. I have been watching this Sp ever since and trying to convince myself that I could do it again.

I am looking at the SP today and have decided that I will duplicate what I did in January. I am making this statement prior to the act as opposed to Mr Collard who constantly described what he had done yesterday. If this SP drops to 2.84 I will buy another 25000 shares. I don't know how much of a bottom this will present but time will tell.