Guyana Goldfields Inc New GUYFF

RE:RE:RE:Next support level .....is.......?

[whocares8]

Because they arent even producing yet, my opinion is the gold price really irrelevant vs. the price action we see (unless we get serious volatility that would alter their valuation).  This is light volume too.... I got into Guy as it reminded me of CEE just before they became a producer.  Quality assets and on time (politcal risk is another convo =) ) and believe my (our) success will be replicated and patience rewarded.  About 4-6 months prior to CEE becoming an actual producer it rallied approx. 40% from a base range.....once they came out with the first 2 quarters of actually earning, shortly thereafter it hit an all time high.  I hope Guy will trade in similar fashion and does not have the political risk which seriously hurt after some time of producing for cee (they are in egypt)

Also the institutional ownership here is impressive, with Van Eck and World Bank backing them to name a few.  

Regarding manipulation, who knows.....i do see large buy orders protecting the price during days of volatiltiy but thats a good thing...

I will use the term "manipulation" for the Canadian housing bubble.... =) now that is flat out manipulation....

Lastly, guy seems to be a perfect negatively coorelated stock vs. the broader market...nothing wrong with down on overall up days and vise versa....cant have it all up all the time....

GL GUY2012 and keep up the posts, this is one of he more boring boards for names i hold, and nice to see some other peeps in same shoes as I.

My call (though my crystal ball cracked and I threw it out) is for low $4 by end of March early May....

Your in good company =)

cheers.