TODAY'S DISCOVERY, TOMORROW'S FUTURE

Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.

Free
Message: When flow thru shares involved

As a general rule of thumb when I hold shares in a company that does a flow thru financing I expect a twenty-five to thirty percent drop from the price of the flow thru shares. In this case the flow thrus are prices at .95 so I anticipate that the price will bottom out at around .66 to .71 barring other news or shocks. If they do I will add more. Not bashing and my opinion only of course. But this rule works for me more often than not.

Disclaimer... I have held shares in this stock since Noah was a oakum boy.

cheers

killick


Feb 29, 2012 08:27PM
5
Mar 01, 2012 07:45AM
3
Mar 01, 2012 01:26PM
Share
New Message
Please login to post a reply