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GoldON Resources Ltd V.GLD

Alternate Symbol(s):  NCMBF

GoldON Resources Ltd. is a Canada-based mineral exploration company, which is focused on discovery-stage properties. The Company is in the business of exploring its mineral exploration assets. Its projects include West Madsen, Slate Falls, Pipestone Bay, Pakwash North, McInnes Lake, McDonough and Hagarty Creek. The Pipestone Bay Property is located within the Red Lake Greenstone Belt (RLGB) approximately 32 kilometers (km) west of the town of Red Lake, the 1,015-hectare Pipestone Bay Property lies in an area of numerous significant gold occurrences, including two past producers and four developed prospects. The Hagarty Creek property comprises 17 mining claims covering 7,731 hectares. The property is approximately 46 kilometers (km) southeast of the town of Longlac in the municipality of Greenstone, Ontario. The McInnes Lake Property is located over 115 kilometers (km) north of the town of Red Lake. The West Madsen Property is located in the heart of the Red Lake Gold Camp.


TSXV:GLD - Post by User

Bullboard Posts
Comment by xdmmdx3on Mar 03, 2010 3:41pm
131 Views
Post# 16839582

RE: There Is No Reason

RE: There Is No Reasondart321:
"to pay more than 9 cents for this stock. As long as management allows this stock to flounder like this we will see people who bought this stock a month ago loose interest and sell. In my opinion this will happen day after day. If the trading volumes drop off we could see this stock drop to 6 cents. The whole focus in my opinion is the future, not next week not next month but 9 to 12 months down the road. If you are looking for a quick flip I think you are out of luck so you I guess you should sell."


I tried that method too.  Hoping to shake free some cheap shares, but it just isn't working like it once was.  It seems the sellers are still there, but interest is growing so strongly here that I believe the stock can and will break out.  I can't tell you when, but not everyone will wait around on a bid that just isn't being hit.  I thought 8.5 cents would be hit forever, but look at it now; nothing at 9 cents for sell, and 9.5 cents and 10 cents has only 500,000 shares combined vs. almost 600k shares on bid at 8.5 cents.  We all know that there are interested buyers that do not put up bids, they simply watch the stock and wait for some momo.

Things are getting VERY interesting now. :-)  Good luck in buying at 8.5 and 9 cents, I hope you get your fill!

Good luck to all,

x
Bullboard Posts