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Message: Re: HHS Check Moly prices

Feb 28, 2010 11:11AM

Hi Ho Silver is trading at Canada's third exchange, called the CNQ (or CNSX) and, since many Brokerages only take trades by phone, it is not as easy to trade.

This week, however, saw CIBC dumping shares on the 3rd and 4th. It all started on the 3rd when all bids, old and new at .03 or over (one was at .035) got filled, leaving over 570 thousand shares at .03 ask.

Also on the third, Moly price went up again, 75 cents to $18.25. At opening bell, on the 4th all those shares were bought (one trade) at .03. The bid now is .025 and Ask .05.

Moly is still a little low, but getting there ($25 or more for rentability). The new management, increased claims for Moly, may indicate it is time to keep this one on close watch.

go


Mar 27, 2010 07:25PM

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