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Vaaldiam Mining Inc VAALF



GREY:VAALF - Post by User

Post by bfinleyon Jul 27, 2009 10:24am
220 Views
Post# 16168152

any idea what's next?

any idea what's next?This stock is going to take some work, so perhaps some of us can dive in and get some answers somehow on news and share price and projections.

I have no idea what VAA is currently doing for actual "work". The last news seemed to be an AGM in mid-June. So is there any current news or idea of when there might be, or idea on how to get some?

And the share price, well that's an interesting story right there. It's is not going anywhere. There are 14 separate orders right now on the Ask at 3.5 cents. I have Level 2 and can see the last 10 trades, but I don't know who bought them (some people like to see which "house" bought them for a client).

Also, although the volume on the Ask at 3.5 cents is slowly falling, people keep adding to it, so it goes from a million shares down to 600 thou, and then back up about 40,000 (which all is nothing at 3.5 cents, right)? But it just doesn't trade enough to even clear out that 3.5 cents and go up to an Ask of 4.0 cents.

So it boggles my mind a bit. Especially the "14 orders" at the Ask that make up a grand total of $23,800 right this second

Why all this effort for that? Why do new sell orders keep coming in at 3.5 cents that keep the bid full? And doesn't VAA trade $23,800 every day (or every hour)? Presumably, there is an end to people who have 3.5 cent shares (or let's say 3 cent shares available), and they would generally now want to sell them for, oh I don't know 4 cents???
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