Petrified Stock Briggs and Moore are old VSE fossils that only know how to do things the old way. Why else has the stock risen from 7c to 10c on no news. For a preview of whats to come, just take a peek at a long term chart of PLY.V
PLY looks like Mount Everest, except they wont ring the bell at the top. PLY apparently doesnt know there is a global shortage for tungsten. You might as well say you have an idea for a handheld phone called a blueberry.
For KLM, considering a share structure thats about as tight as a Fort McMurray call girl when oil is $100, 15 cents is asking too much.
KLM is also a rare earth stock that only a few months ago discovered that the rare earth boom had left them behind.
Lets tally up shall we:
Rare earths P&D: VSE fossils=0, Market=1
Tungsten P&D: VSE fossils=0, Market=1
So even when they get the sector right you can still lose money. Now they are apparently chasing gold but as Ron Paul says "Ya gotta have an audit, or else how do you know its there."
My guess is a cheapie financing, since they are broke and just paid top dollar for a project (at the bottom of ther market) that belongs in a strait jacket for all the losses it caused previous owners. You see they drilled and couldnt find the gold. No, this stock isnt Bre-X.
Anyhoo, watch them get it to 16 cents on no volume and then announce 20 million shares at 12 cents. They have to, they are like a shopping addict who goes the day after the big annual 50% off sale is over. "To avoid the crowds"
New shareholders-Puking is not allowed.
Expect more of the same. For alternative, cleaner, forms of entertainment, buy lottery tickets or go to the casino. Same odds of winning and have fun too. You wont even feel the need to have a shower after you win or lose.
Have some self respect and obey the "Police Line-Do Not Cross" tape. You're welcome.
For the rest of you, if I see you walking funny down Howe Street, I'll know you havent been to the proctologist.