Lakeland Resources Ord LRESF

STILL DROPPING

[highrider]

Still dropping and on above average volume which is normal considering the financing is now complete and the drilling has not started yet.   According to the Level 2 it looks like they might try to hold it at the .15 cent level which makes sense as the people that did the flow though shares at .25 cents will still be in the money at .15 cents with their 40% tax break on their flow through shares.
  
  
  
Lakeland Resources Inc(LK:TSXV, CA)

0.1750CAD0.005(-2.78%)Volume: 

Above Average

 

As of 25 Mar 2014 at 10:06 AM EDT.  

  

 Level 2 Quote

Market Maker	Shares	Bid Price	Ask Price	Shares	Market Maker
	10,500	0.175	0.180	1,000
	31,000	0.170	0.185	1,000
	24,000	0.165	0.190	26,000
	60,000	0.160	0.195	1,000
	28,000	0.155	0.200	116,000
	120,500	0.150	0.210	29,500
	2,500	0.145	0.230	4,000
	26,000	0.125	0.235	25,000
	12,000	0.115	0.240	25,000
	7,000	0.100	0.250	20,500

[highrider]

I don't know where you get that from Vickie. To help you understand Vickie I have posted the chart below. As everyone can see ( including you Vickie ) in the last month , since the end of February , the stock has been on a downward trend. Any little upticks have been selling opportunities as once again you should be able to see on the chart. Also you can see from the chart that the trend

[Stooge]

The down trend is caused by dumping. There are millions of private placement shares and warrants out there. Of 4,662,100 shares sold this month so far on the TSX alone, Anonymous sold 2,165,500, or 46%, that is, sellers who pay the exchange to have their broker kept secret.

[highrider]

Bottom line ( for whatever reason ) the trend is still downwards . I am waiting for " Vickie " to reply to show what " facts " she uses to base her following statement on as it makes no sense whatsoever as seen by the chart. Any upticks are selling opportunities as the chart ( for now ) shows that the trend is still downwards. Tides They be a Turnin...Sure doesn't drop for