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La Mancha Resources Inc LACHF



GREY:LACHF - Post by User

La Mancha Resources Inc > Very positive
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Comment by RedHorizonon May 15, 2010 1:10am
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Post# 17101922

RE: RE: RE: RE: RE: RE: Very positive

RE: RE: RE: RE: RE: RE: Very positiveFortmac:

I definitely think there was some fund buying because the company was just turning profitable for the first time last year so that brought in many new investors.  And also the company increased their public relations efforts over the past year.

I don't think the big swings in LMA are necessarily attributable to funds.  Remember that the float is only 50 million shares.  Areva owns 63% of LMA.  So LMA will always be more volatile than most stocks.

GLTA
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