RE: 84.4 meters of 16.5 g/t goldDont get me wrong, I like the prospects, but is it just me, or was that news a little light? Other than hinting at this whole area is in fact one large zone, there really wasn't anything else there that we really didnt already know. Should I just take this as a positive sign from management that they like to keep us informed? I'm probably happy with that alone, because lots of management out there fill in the retail investor out there when they feel like it. Or is this more info just to keep us interested while the people in the know can unload before those drill results are made public?
I'm not bashing at all, I own this in myTFSA so I'd love to see this go to $2 and double my money. It just seemed like a non event.
On the other hand, the action down below $1.00 tells me somebody triggered stops on purpose to swallow up cheap shares. Then a press release and she's up 10-12% from the bottom in 90minutes. I take comfort in the fact that people more experienced and with deeper pockets took the time to single this out as a play that is worth pushing down to a buck. Then they bought everything in sight. Who does all that on a monkey prospect?
I am fascinated that such a manipulation can happen. I am an investor with limited experience but that really showed me something.
If anybody can give me an opinion on why that news release was something to get excited about, I'm all ears. I read the posts off and on, so Altcar and Stateside, perhaps you can provide some insight. I dont think you are pumpers or bashers, but positive investors who are positive on DEC.
Thanks