Copy and file todays trading
posted on
Jan 29, 2013 03:42PM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
As always, shareholders that copy and file away the daily trading, should do so today. Not sure, but it does look a little interesting and may be of use to us at a later date. Also keep an eye on the insider trading, the exercise of options and any proposed PP announcements. I would not doubt that Lori is trying to justify a PP at these prices and may leverage the financials as a spring board, because of the increased Lori supporters that are out today. If this turns out to be the case, it only becomes more evident that she is desperately trying to get control of a company that her previous actions may have suggested that the company is not very valuable, which totally contradicts.
Its become very likely to me that shares are continuously being tried to be shook loose. If this is the case, it may suggest that this little company has lots of value after all, and that someone wants it so badly, to try these blatant and desperate techniques. Also, if you are a shareholder that watches the bid and ask, don,t be alarmed by big asks sometimes. You have to remember that MM,s as well as any unofficial market maker, places BOTH bids and asks to create a market. When these MM,s are interested in scooping up shares, they will generally make the ask sides look very heavy to disuade buying and help create fear which causes some investors to sell. Its one of their techniques to pry shares out of investors.
As I have said before, we have 3 Peruvian properties, and if even only one of them has as little as a million ounces of gold on them, thats many multiples of todays present share price. And don,t forget, the Cueva Blanca has an unofficial resource estimate of ~190k ounces of gold on it, from years ago, along with almost a million ounces of silver. I am not selling a share and if I can scrape up some more cash, I will be buying more shares. When we get down there on the Tesoro and drill, it may only take one hole to prove that we have something really substantial. To do one hole, does not cost very much, ie: $50k for a 500m hole, 6 holes could be done for a measly $300k. And most likely, you could get it done a lot cheaper whereas many companies are strapped for cash at present, and drilling rig availability should be quite open, where a cheap contract may be negotiated.
And don,t forget, you can put $5500 in your TFSA,s this year, a nice place to put 39000 shares today for future gain.
All in my opinion of course, but I believe with some research, many will arrive at this same conclusion, if they are not already there.
IMO
THANK YOU