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AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More 

  • The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
  • Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

Sonomax® eers™ Custom Earbuds Announces Sponsorship of MUTEK 2012

CONTINENTAL ENERGY  Geothermal Energy Project Receives US$ 11.5 Million Grant Read More * Client

AGORACOM Launches Graphite Stocks Blog

Top Stories

  • FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc. Read More   |   *SPONSOR

  • LOMIKO METALS (TSXV:LMK) Paul Gill Discusses Exploration Initiative with James West of Midas Letter Read More   |   *SPONSOR
  • GRAPHITE DEMAND Seen Surging from Fuel Cells, Nuclear Reactors, Graphene Read More

 

 

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Why the share price has tanked

in response to Re: Rumour by halva
posted on Jul 13, 08 07:30AM

On July 14th, 2008, MDG has the 13 million shares from it's previous $.20 PP become free trading. It appears somone jumped the gun, locked in profits by shorting the stock down at higher prices and will cover when their PP shares become free trading. Apparently this is the way investors do things these days, with the current state of the stock market.

Now the market will be flooded by 13 million shares hitting the market all at the same time. To keep the stocks share price up over $.20 will require someone to buy up these shares before the stock can realistically even think of going to higher levels. Personally I will not be selling any of my PP shares until at least the start of the Phase One human trials, expected late in 2008 or very early 2009.

As countries start to plan ahead, just in case of a breakout of the bird flu panademic. MDG will most likely get a huge cash infusion, from one or more countries to lock up the availability of vaccines for their populations. This stock has huge potential for early investors as the story unfolds. However, one or two more PP's to get MDG's share price to the next level is probable. MDG is obviously not suitable for anyone with a short term investor mentality.

It is my belief anyone who buys in at current share prices will do very well going forward. But, it will require patience, so don't look for instant wealth on this investment. JMHO





Al

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