Colossus Minerals Inc COLUF

RE: RE: Why is CSI not moving up with the market?

[wizwiz]

The question that nobody can answer is why.

Ok, let me try to explain it.

Gold companies that are taking gold out of the ground are the first to benefit from higher gold prices. When you are pouring gold the higher gold prices helps your revenues.

CSI's revenues are still on paper. Gold could go up to $1500 tomorrow and it won't make a difference to CSI's bottom line. Until you can get gold out of the ground and the money into the bank, it is just speculation driving the stock price, not revenues.

Is the stock price being manipulated? No question, whatsoever.
Well of course. Anyone who buys or sells a stock is "manipulating" the price. If there are more buyers than sellers for the stock, the price will rise. As the case with CSI, people are finding other places to put their money so more people are selling than buying. If they hit another motherload, then it will likely entice a few more buyers and the price will move up for a while.

Someone can't manipulate a stock price down if there are more buyers than sellers.


Wiz