GREY:ESOFD - Post by User
Post by
LFGon Mar 26, 2013 8:33am
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Post# 21167219
a small pause
a small pause its been a wild ride the past couple of months,a well deserved breather i think,pls is now capped at $250 million,we got a short week,good friday coming and easter weekend,i think volumes will trend lower as the week heads into weekend,i think.but you never know,we may see a pickup of funds and institutional types step up,they may need a little more confirmation with more assays,then the show will begin,its been a very long time since the discovery of canadas last huge play in voiceys bay,the markets are starving for a huge hit,and this tiny cap of $250 million can still be at ground floor for many investors,robert friedland finally sold to inco for $4.8 billion 20 years ago,i dont think your rios and bhps will let pls get that far into drilling and market cap,we may see something way before then,im thinking 6 months.what about you?