Simba Gold Corp. SMBGF

RE: Any hope?

[risktakerone]

The given explanation of post # 30125 does not cut it. Although a good answer, I believe there is more to it. The reason being, look at ATI.T Altai Resources. This company awhile ago announced an internet aquisition is in the works. They were going to form a separate division. Big deal ! The stock finally went down to where it should have been around .22, down from upper thirties. Very similiar situation, only 13 million O/S, SGD has 25 million O/S.Both are very low trade volume stocks. Here is the difference, someone got wind that something was up with ATI.T. The stock went from .22 June 18th to close at .35 June 28th. The announcement only came out June 28th. As a matter of fact, if you read the NR, it is still not as solid as SGD who has intended to aquire, found a target, aquired the target company and then expanded upon it with a rewards program. Yet SGD remains at .08 and ATI closes at .35. ?????????? People are not tired of internet deals. There is more to this. What I don't know. Again, I will say the GreenLine and Nesbitt were selling for some reason kicking out any steam that might have risen. Institution or retail is anyones guess. The volume is not large enough to determine it. We need to dig and find a better explanation. When I called the company, they pretty well said the same thing, "There timing was off". How do they explain ATI.T ristakerone