TSXV:SLX.P - Post by User
Comment by
Chipshot2on Jan 11, 2011 8:21am
213 Views
Post# 17952244
RE: RE: RE: I AGREE BUT
RE: RE: RE: I AGREE BUTThere are just over 500,000 on the ask between $.82 and $.85. I know we do a lot of volume but that is a fairly substantial wall to overcome as I am sure more shares will show up on the ask as the open gets closer and then even more once the market opens.
On the positive side, if we could eat through all those shares, after $.85 we sail back into the mid $.90's with no problem at all.
I think we may be stuck in the low $.80's for a few days unless we get a upside breakout for both gold and silver or the company releases some good news.
Let's hope that the buyers have reason to increase their appetite today!!
Chipshot2