Post by
rgrieve on Apr 08, 2010 4:34pm
VOLUME PRECEEDS PRICE
Volume for the last two days has been much higher than normal and the chart looks good for buying at this point. If the reported NI 43-101 release comes out this month as stated by the Coffin brothers in their letter, it will be the first report of this kind over the past couple of years. Any positive information it shows will provide considerable lift to the share price in light of the rally in PM shares that started this month.
We could see a double from current levels in very short order followed by more upside later in the year with release of the seasons drill results. I am sure that there are many parties talking with Bravo about deals for JV or purchase of the company.
GLTA
rg
Comment by
luker222 on Apr 08, 2010 5:10pm
This post has been removed in accordance with Community Policy
Comment by
rgrieve on Apr 08, 2010 5:28pm
Luker, the companies news release dated 3-16-2010 stated that the 43-101 was being prepared and would be released shortly. The Coffin Brothers and their HRA Journal are highly respected so I am sure they must have confirmed with Bravo that the report is coming out this month. They stated so in their monthly client letter. See onbradleys post of a couple of days ago for more info.Regards,rg