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TSXV:IIE - Post by User

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Post by Pennypicker4on Apr 13, 2007 8:25am
187 Views
Post# 12599863

Next weeks news never seems to come

Next weeks news never seems to comeHave to call it the way I see it as for the past 3 months we've been told over and over again that news is expected next week, only for it not to come. What has happened is the PROS have used this for trading in and out of the stock, such as happened last Friday when we hit a new high of 24 cents only to retreat to 19 1/2 cents yesterday. Noticeable how HOUSE ONE usually INSIDERS has loads of shares lined up for sale at 22 cents and above. TD has put in a bid for 1000 shares at 22 cents in the hopes of attracting bids above the WEAK BIDS at 19 cents and below. The trouble here as someone suggested is that Management has other interests ...this week CPS was on the Menu and was where their attention was directed .Who knows where it will be next week? News next week,yes at some point it will happen. I'm sure the story will unfold as many anticipate it will but IMHO Management doesn't come across as taking the situation as seriously as they should be, OTHERWISE we would have had a WEBSSITE MONTHS AGO as it was PROMISED. The Company could have no better a Geologist than Dr Chuck Fipke behind it, but lets get this thing moving instead of allowing the TRADERS and INSIDERS to be the only real beneficiaries from what is taking place. And yes there are 20 million new shares hiting the Market in May and this could be a serious concern if NEW doesn't come within one of the near term NEXT WEEKS that seem to come and go without News. Its all very well for the CHEERLEADERS to tell us what a great story this is but I'd suggest they put some pressure on the Company to get "the ball rolling" as there have been far too many Next Weeks and the BIDS stink with 1,000 shares bid at 22 and virtually nothing to speak of down to 15 cents. Lets get some action here before 20 million new shares hit the Market. Good Luck to all
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