Re: Drip- Drip- Swoosh
in response to
by
posted on
Dec 10, 2010 02:35PM
New Discovery Resulting in a 20KM Mineralized Gold Belt
It will only be a matter of time until someone is one here proclaiming this as a "buying opportunity" and thanking for the "cheap shares". Much like last week when it dropped on Friday as well. As I "predicted" is my last few posts, nothing is really going to stop this faucet from running, since it is clearly no longer a drip - unless the company PROVES what they have. The last fluffy news release less than 2 weeks ago, the US upgraded pink sheet listing, price of gold, comparisons to other stocks, the Korean situation, none of this really matters at the end of the day.
I believe that after the first press release that made the shares drop drastically, the only thing that will stop this is PROOF. And proof that this isn't just some lucky holes with visible gold, but proof of the vein system and quantity's.
I believe the next couple weeks we will be seeing the .20's with the tax loss season upon us, and by the sounds of our more experienced members it could be Feb-March before official results are back and ready to be broadcast.
Anywhoo, good luck to those holding, those who sold, and those on the sidelines waiting to get in!
On a personal note - I am looking to regain entry in the .20's ranges, as I sold my entire position last Friday.
I can remember way back when, when people proclaimed this would be $1 or more before Christmas, albeit I guess they didn't say what year....