Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Petrolympic Ltd V.PCQ

Alternate Symbol(s):  PCQRF

Petrolympic Ltd. is a Canada-based gold and lithium mining company. The Company is focused on its lithium exploration assets in the James Bay region, Basserode and Fourniere in Abitibi region as well as its gold exploration assets at Vauquelin and Rayon d’Or in the Val d’Or region, all in the Province of Quebec, Canada. The Li-1 and Li-2 Properties are in the James Bay - Eeyou Itschee area, approximately 125 kilometers (km) north of the town of Chibougamau. The Basserode and Fourniere Lithium Properties are in the Abitibi-Temiscamingue region, southwest of the Val d’Or mining camp, Quebec. Belcourt Property consists of 125 claims distributed in four blocks (Belcourt North, South, Central and West blocks), all proximal to one another and covering a total of 5,479 hectares. Its Rayon d’Or and Vauquelin Gold Properties are located within a gold mining camp in Northwestern Quebec. The Company also owns St. Lawrence Lowlands, Gaspe and Evangeline Lake Property.


TSXV:PCQ - Post by User

Bullboard Posts
Post by laser17on Apr 11, 2008 6:22pm
268 Views
Post# 14963892

All things considered...

All things considered...... today wasn't really all that bad.  Some points to consider:

Only down 8% on a Friday, and a day when the DOW and TSX were both down over 200 points.  It's hard for a stock to gain ground when overall market sentiment is so negative.

Our big brother ATI had some good buying late in the day, finished in the green, and established a new high earlier in the day.  This proves there's still plenty of interest out there in these area plays.

No stock in the history of stocks has ever gone straight up without some sort of consolidation and retracement along the way.  These periods are normal, expected, and healthy for long term price sustainability.  I'd rather be at the top of a properly built ladder with a solid base of support than a hastily built one with no base.

So, when you really stop and think about it, the stock pretty much behaved as expected today.  I find it amusing how some people start throwing the phrase "pump and dump" around when a stock goes down a few cents after a colossal run.  Make no mistake, this still has legs and later this month we'll find out just how long those legs really are.
Bullboard Posts