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Goldflare Exploration Inc V.GOFL

Alternate Symbol(s):  TYPFD

Goldflare Exploration Inc. is a mineral exploration company. The Company specializes in gold exploration in the province of Quebec, Canada. Its properties include Aiguebelle-Goldfields, Syenite Condor, Ranger, Windfall, Duplessis-Agar, Duplessis Mountain, and Destorbelle. The Aiguebelle-Goldfields property consists of about six mining claims totaling 253.85 hectares (ha) in Aiguebelle Township, located in the Rouyn-Noranda, municipality, Abitibi-Temiscamingue region. The Syenite Condor Property consists of about 20 mining claims, located in Clericy Township, and covers an area of 653.12 ha, in the Rouyn-Noranda municipality. The Ranger Property consists of about 39 mining claims and covers an area of 1,052.47 ha, in Clericy Township. The Windfall Property consists of about 50 mining claims located in the same region as the others. The Duplessis-Agar consists of about 10 mining claims covering approximately 560 ha. The Destorbelle Property consists of about 24 mining claims.


TSXV:GOFL - Post by User

Bullboard Posts
Comment by Margin4Meon Mar 08, 2009 5:48pm
656 Views
Post# 15829331

RE: Stock Price #%^&*(

RE: Stock Price #%^&*(The main theory is that the share valuse should be 10 x original value.
However, history has proven that share consolidation usually works in reverse.

One of the managers at TYP that I spoke to was eger to consolidate, speculating
that a higher value would bring new blood to the table and thus move the price up.
Well this is not the case with TYP and many others and, the price is going south - too bad.

I sold my shares prior to the consolidation and will wait for even deeper drops before I get back in.
My targer is around $0.05 to 0.06 cents/share. Which actually translates to a half cent based on 
pre-consolidation  value.

Sorry for the implied negativity, but it's purely academic now.
If it does spike - I imagine I'll be completely wrong and will eat coal instaed of gold...

Margin4Me
Bullboard Posts