GREY:VAALF - Post by User
Post by
GnoBraineron Feb 08, 2008 10:39am
228 Views
Post# 14338420
Frustrating . . .
Frustrating . . .Cannot believe that with the million share volumes in the past, that the recent build up and news has generated nothing but sellers.
I think VAA is really not concerned about shareprice right now, they are solely focused on exploration and production. Not necessarily a bad thing, but, you'd think that the diamond world would welcome a company like this with open pockets (bids).
150,000 shares off the start was great, but then nothing, and the asks start piling in.
Could say that the weak holders are exiting, but the large volumes from several sellers implies dissatisfaction with progress so far, or prices for diamonds, or something we do not know.