GREY:KXLAF - Post by User
Comment by
red911on Jan 24, 2011 12:33pm
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Post# 18017574
RE: Shorts...
RE: Shorts...Shorts likely contributing more to the this slide... albeit on low volume. Mgmt has given investors no reason to buy so until they do I would expect gradual slide to continue. Old Magino assays have provided no buying interest. Current Magino drilling is mostly infill so I guess we can expect similar grades and width as previous un-assayed holes. If none of the Magino drill results impress than I guess we wait until new Magino resource estimate... early- to mid-March (?).
Even though I know the properties are in a completely different ballpark... when I wrote: " I guess we wait until new Magino resource estimate"... it brought back chilling memories of " I guess we wait until Hercules resource estimate"... Will reaction be the same? Certainly hope not. No idea but the market certainly has not been sending any good vibes about PDG.v of late. Chart starting to look really ugly for longs... maybe represents a buying opportunity?
red911