RE: RE: Looking to purchase a blockInteresting that the balance on hand volume has remained at 5million very consistently from July 08 until now. What does this mean? I don't really know but it is unusual.
Looking over the past 16 months I think a safer buy point is anything over 20 cents as long as there is an increasing volume. I have a buy stop in at .21 to add to my small investment.Technically .20 is significant. I will not go into TA because it tends to bring out idiot posters.
The other point on this stock is that it has remained on the cdnx for 9 years!!! These type of stocks frequently become "professional juniors" as in academics. 9 years to develop a mine is a real stretch.
I do like the story. It seems to be a disruptive leader in sun to grid technology...a massive market. Problem here is the technology is simply very clever electonics using of the shelf components. If the cat gets out of the bag a zillion Asian copycats will turn out the product. The best option is to wait for a buy out IMHO.