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NDAQ:GAI - Post by User

Comment by Ohmeohmyon Aug 02, 2006 10:46am
129 Views
Post# 11176720

RE: Future Doesn't Look Bright

RE: Future Doesn't Look BrightFor any new folks that happen to look in, Adobe seems to have a reading comprehension problem. ."...Golden Arch Resources Ltd. is pleased to announce its intention to initiate a summer exploration program on its 100% owned Abbott Wagner property, which lies within the rocks of the Kootenay Arc, approximately 48 km southeast of the town of Trout Lake, BC..." Adobe.. you can take it from the weasel words in the latest release "...intention to initiate..." that Kjosness knows that little or nothing will be done. It is now August 2, nothing has been done, and summer is just about over and the Co is broke. Why else would Kjosness sell his position? Is he selling it because he knows something that will cause the price to increase? If so, why would anyone do that?
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