Re: Marudi Mountain 43-101 and Rexma update
in response to
by
posted on
Nov 17, 2009 05:35PM
King James no body on this site is getting negative with SMH. In fact everyone is very positive, only we want answers on items promised from the company.
But you can maybe answer the question from your post. Please define "they" who are cleaning up the market. If SMH had a promotion group other than Agorocom running their stock you might be right but this is not the case. Dundee buying I can only assume is the house that Wallster opporates from and you must remember that he and a lot of investors out of Hathor are in a very big win situation so it can be assumed that they are saying "whose your Daddy" and following Wallster like a hawk hoping to pick up on another win. What is disturbing is that there seems to be a lot of people wishing to sell this stock at these levels and until this market eats through that nothing will happen. Then again you could go in an buy $100,000 worth of stock which would take it up into the $0.40 range. Other than that sit back and wait for that to happen. Remember also to follow the money my friend as there are many warrants and options at these prices and perhaps the company is encouraging them to be exercise for the cash they create and the holders are using the market to short sell to cover their respective costs.
Or Shoreham could put someone on the road and get talking to the other brokers in Vancouver and Toronto and really put some meet into this which in my opinion could be done very reasonably and have an effect.