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Mountain Lake Resources Inc V.MOA



TSXV:MOA - Post by User

Comment by Cousin_Gerton Sep 20, 2010 8:30pm
192 Views
Post# 17471671

RE: RE: RE: By the Hemmer Jane

RE: RE: RE: By the Hemmer JaneHey BJ...of course it is impossible for anyone to answer your question directly for the couple of sellers of sizes today that you mentioned. Rarely I question sellers motivations as there are so many. Today for example the sellers were actually fairly well matched with the buyers. The stock did open up $.05 and traded within $.02 of that price all day. Volume was not great but was quite respectable at 100K considering it is at the top end of the recent range. I actually saw today as a bit on the bullish side and expect to soon see a nice move through the sellers taking prices to the next  level. This should be repeated several times in the next couple months as more results come in and as the 43-101 date(due before year end) approaches. At this point, with Valentine Lake still growing in size, the sky is still the limit so I am thinking almost all surprises are going to be to the upside...C.Gert
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