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Linear Metals Corporation T.LRM

"Sona Nanotech Inc is engaged in researching and developing gold nanorod products. It makes products for diagnostic test and medical treatment applications. The company's product includes Gemini and Omni."


TSX:LRM - Post by User

Post by yungcashon Aug 25, 2009 9:30am
439 Views
Post# 16246592

Wow!

Wow!Knew this was going to happen after the action yesterday. This is a rare earth metals company that hadn't been noticed by the street because it didn't have "lithium" in the name (MCI, LI, CLQ). Their loss. I was the lucky guy that picked up 50,000 shares on Friday at 0.135 cents.

This stock could run. I say that tentatively because this is an announcement that brings attention to the stock, but doesn't materially change their assets etc. I like the fact that this was a two dollar stock a few years ago and all of the other aforementioned lithium stocks are all at by far all-time highs. That tells me that this one could go to 50 cents, 75 cents in the near term. I've been burned before expecting massive rises, so I'll keep a keen eye out for large buyers and sellers using icebergs.

GLTA
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