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Bullboard - Stock Discussion Forum Elgin Mining Inc ELGMF

GREY:ELGMF - Post Discussion

Elgin Mining Inc > I must like the punishment
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Post by HonestAbe on May 30, 2012 4:05pm

I must like the punishment

Did not pull the trigger to buy some more at 63 cents last week but decided to pick up some more at 64 cents today.  Elgin is probably one of the few gold producers to go down in price today (again).  The ask side L2 is starting to look ugly and it likely means a lot of GOZ shareholders are fed up and dumping it at fire sale prices now.  Even the ex-pres of Gold-Ore Robert Wasylyshyn recently sold 10,000 shares at 66 cents but I think he is there only during a transitional period.
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