RE: Coming to another Q endI WOULD SAY YOUR ANSWER IS ALREADY ON THE TABLE. POG IS UP AND STOCK PRICE AND VOLUMES ARE IN THE TANK. THIS SUGGESTS THAT THE NEXT Q NEWS IS NOT GOOD (RE PRODUCTION) AND THAT THE 10B-5 NEWS IS EVERYTHING SINCLAIR SAYS IT IS. THIS WILL NOT BE THE ONLY COMPANY WHERE MANAGEMENT HAVE BEEN VERY NIEVE WHEN IT COMES TO GOLD HEDGES TO FINANCE A PROJECT. HOWEVER, THE BIG NEWS WITH THIS COMPANY MAY TURN OUT TO BE WHAT THEIR NEW PROJECTS ARE DOING NOT WHAT TULAWAKA IS DOING.
WE WERE TOLD TO EXPECT SOME DRILLING ON THE PROJECT IN QUEBEC FOR SEPTEMBER. I GUESS WE WILL SEE IF THE WAS JUST BS OR IT ACTUALLY HAPPENED. I WILL NOT BE SURPRISED IF WE ARE TOLD DRILLS WERE NOT AVAILABLE SO EVERYTHING HAS BEEN DELAYED. ALSO DRILLING IS ON-GOING NEXT TO TULAWAKA SO MAYBE THERE WILL BE NEWS FROM THERE.
ONE THING YOU CAN BE SURE OF. IF THIS STOCK DOES NOT SEE SOME SUPPORT WITHIN THE NEXT WEEK IT WIL BE 85 CENTS BEFORE IT IS 1.30. IT CANNOT STAY IN THIS NO DIRECTION MODE WITH THE POG FLYING. STRONG CDN$ OR NOT IT SHOULD BE MOVING UP ON GOLD HYPE ALONE. THERE IS A COMPARISION YOU CAN TAKE BETWEEN THIS AN TNX. MDN ARE FACTUALLY PRODUCING OUNCES, THEY HAVE OTHER PROJECTS THAT HAVE ALREADY PROVEN GREATER POTENTIAL THAN TNX PROJECTS, THEY ARE DOING REAL DRILLING (DD). THEIR STOCK IS GOING DOWN OR LANGUISHING WHILE TNX IS GOING UP. DRAW YOUR OWN CONCLUSIONS!
GOLD WAY UP THIS AM SO YOU CAN BET COT WILL BE JUMPING ALL OVER IT SO THAT IT DOESN'T END THE WEEK ON AN UP NOTE. THYE USUALLY PULL OUT ALL THE STOPS AND CALL IN ALL THEIR BUDDYS TO HAMMER IT DOWN PRIOR TO THE FRIDAY CLOSE. THE WEEK IT BREAKS FROM THAT TRADITION WILL BE THE FIRST SIGN THEY ARE RUNNING OUT OF SUPPORTERS.