TSX:SGR.UN - Post by User
Comment by
marketmineron Jan 23, 2007 2:56pm
174 Views
Post# 12073959
RE: Drilling here was mentioned in Vancouver
RE: Drilling here was mentioned in VancouverYes that was very predominent question.... answer was:
The warrant overhang is still haunting us, they are selling ( Dumping) their shares into the market and forcing it down...
To wit my answer was " Bullshiet" you never had a warrant overhang of any substance... few cash straped individuals that couldn't afford to exercise.
You have an information void which is causing investors to loose confidence and sell a few, and this same lack of info does not provide new invstors with the information which instills the confidence to buy.... Thats it plain and simple... The volume... or lack thereof is confrmation of this, anything else is just an excuse!
JMHO