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Animas Resources Ltd V.ANI



TSXV:ANI - Post by User

Bullboard Posts
Comment by jon8034on Sep 03, 2008 2:49pm
447 Views
Post# 15428336

RE: who's selling ani?

RE: who's selling ani?Some funds are in liquidation mode right now, so that could be it.  Also, the wild card here is the first pass drill results.  ANI price already has some spec built in on the assumption of good results.  In this market they would have to be exceptional to really move it, and if they are just average or they dissapoint, then the stock will probably not fare well.  The big concern when you see the price capped and then sold down, is that someone already has a pretty good ieda of what the results are.  ANI management has been very careful to state that this first pass is not about producing tonnage but proving geo theory.  Nice to do both, but proving the geo theory is more important to management right now.   Like most I am optimistic about ANI, but I am not assuming that these first drill results will be anything exciting.  It will be nice if they are, but if they are not I expect I will be able to buy more at a much lower price. JMO.
Bullboard Posts