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BlackPearl Resources Inc. BLKPF

"BlackPearl Resources Inc is engaged in the business of oil and gas exploration, development and production. The Company's focus is on heavy oil and oil sands projects in Western Canada."


OTCPK:BLKPF - Post by User

Bullboard Posts
Comment by KLunsenon Dec 13, 2009 10:58am
931 Views
Post# 16582071

RE: big share price increase

RE: big share price increase
With a 10-days Ave.Vol. <500.000 shares per day you could say the free float of shares is extremly low, less than 0.25% per day. 99.75% of the shareholders are sitting on their shares like the hen on the egg, they know what is going to come out in the future..
If some institute or other big investor goes for 1, 2 or 3 million shares the SP spikes. My guess is that we will se this happend more often in the years to come..

//K-Lunsen
Bullboard Posts