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Bullboard - Stock Discussion Forum Birch Hill Gold Corp. FNTRF

GREY:FNTRF - Post Discussion

Birch Hill Gold Corp. > Well it's official, this stock is toast
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Post by buyingitup on Jun 24, 2010 12:34pm

Well it's official, this stock is toast

Down another 3 cents today even though PP closed and drilling has started. There's no interest in this company any longer. It's a dead play. I will be pulling my position in this company July 15 if there is no reasonable progression and increase in SP and I'm talking 20-30 cent increase here.

Quite easily the biggest disappointment I've ever seen in a company. Their partner, Alto Ventures isn't doing anything either.

Dead play, but such is the name of the game sometimes.
Comment by trendisafriend on Jun 24, 2010 1:02pm
Well, sell your 8500 shares and move on I guess. News should be mid July or a little later, must have 4 or 5 holes done so far. With no news yet, what do you expect???? Im looking for higher prices by mid to end July, and those PP people are still tied up then.
Comment by buyingitup on Jun 24, 2010 4:33pm
Try more like 500,000 shares. But whatever, we'll see what happens.
Comment by botfed on Jun 24, 2010 5:21pm
You sound like you've been burned, so my commiserations.  Right now, it's illiquid, and the entire junior exploration sector is under a cloud. Right now, I've been trying to buy a new-issue junior that's so illiquid, one order after mine drive the price up more than 10%. Its Bullboard has one post for the entire year - it's that dead. I just cacelled it, and put in an ...more  
Comment by trendisafriend on Jun 25, 2010 12:56am
If you had 500000 shares, that would be interesting. The ones I know with that many are patient, as they know results should be out mid to end July, and yes should be completing one hole every few days, depending on depth and weather. Last area to be drilled I believe is area next to moss lake. Im thinking patience should be rewarded, summer has its doldrums.
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