The JV both did better than San with a news release that the way I interpret it is going to produce several thousand ozs in a bulk sample at the end of the month. If it is 1.03 opt as the news says we already have 3k ozs on the ground. That is more than what was produced in any Qtr last year in a mere 2 weeks.
The big houses, having suckered a few hundred thousand more shares from the weak hands this week, control San just the way Goodman always controls big plays he gets involved with.
When will the buyers come to this stock. All of the new placements were taken up by the big houses and funds, and the longs have remained faithful, but there is not enough appetite yet for this stock to be able to maintain $2.00 plus. It takes buying, not big crosses to move a share price and Manitoba obviously is not yet the place to invest.
Just a reminder again today that the small, long, investor is not where the focus is with promotion, otherwise possibly a more focused PR program when the share price starts to move to try and maintain the highs would be in place.
I'm still long and won't be missing the ride on this one by letting the manipulators frustrate me. Not increasing position but buying several others to keep me focused.