GREY:OLEPF - Post by User
Comment by
iop42on Nov 30, 2010 7:12pm
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Post# 17780030
RE: RE: RE: It was a nice hammer
RE: RE: RE: It was a nice hammerLate last Aug the price went from about
.90 to $1.30 in two days. At the start of the second day the price left a gap between $1.05 and $1.07. They say and I've noticed, gaps are almost always filled. Once filled the share price resumes its trend. I'm no chart expert but I've seen many of them. If there was a base forming I think it fell through and that and we may not get support until
.90. It's to bad about the boneheads but many times things work out in spite of them. This thing has potential, the fundamentals are good and if it comes to building a mine the Saudis have to finance it, then dilution should be minimal from here on. If we are taken over so be it but then at least have the partners reimburse the fifty percent on exploration costs that they didn't contribute to.