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Message: Speculation is Mounting

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I_luv_GVG

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Speculation is Mounting

posted on Jan 27, 08 06:13AM

Fairly untouched after a Black Monday on the TSX, Journey Resources share price went from $0,24 to $0,325 (+35,4%). Last week, Journey had an average trade volume of 723,367 Wednesday to Friday (198,289 20 Day Avg Vol)!! Why the sudden interest? IMO:

- Grenville Gold's Silveria Property: Letter of Intent to acquire a 50% interest by spending no less than $6 million before Dec 01/08;

- Recently Lorne Allan Torhjelm , Chief Financial Officer & Corporate Secretary of Journey reported a purchase of $21,490 of stock (Filing Jan 17/08) whereas Len De Melt bought $42,254 of stock (Filing Dec 30/07);

- A newsletter came out: Diversified Journey Resources Seeks Near Term Production (Doug Hadfield, Jan 23/08);

- There is speculation that a news release will come out early this week.

As for Grenville Gold, Management recently bought $44050 of stock (Filing Jan 24/08)...

I am very bullish for both Grenville Gold and Journey Resources and their Silveria, the Awakening Giant.

Journey Resources
37,244,187 Common Shares
7,420,260 Warrants
2,633,373 Stock Options
47,297,820 Fully Diluted (Latest Company Overview - January 2008)
$0,325 Share Price
$15,371,791 Market Capitalization

Grenville Gold
30,251,512 Common Shares
3,882,964 Warrants
3,075,000 Stock Options
37,209,476 Fully Diluted (as of January 14, 2008)
$0,25 Share Price
$9,302,369 Market Capitalization

N.B.: The market capitalization of JNY is 65% above GVG's, there is catching up to do by Mr. Market!!

I am very excited for this week!!

Disclaimer: Do your due diligence

I_Luv_GVG