GREY:FNTRF - Post by User
Post by
MxPxon Apr 02, 2010 10:02am
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Post# 16951823
Hold Tight and Prepare for Lift Off
Hold Tight and Prepare for Lift OffI am confident that results will not suck they will either be decent, good or outstanding.
I think that way because they are trying to prove up ounces for a 43-101. Noranda established there was gold on the property years ago and there is gold there, it's just a question of how much. Also, if the Sanders Zone also tests favorably that would also be a catalyst to send this stock exponentially higher in short order.
Yesterday again confirmed that this stock can have a wide trading range and I doubt we would have closed so low if it wasnt end of week trading. The Traders have moved out of the stock now having shut down their positions, so Tuesday will be a telling day. If we go up past .60 then I would take it that results will likely be favorable as they are expected on Tuesday, Wednesday or Thursday next week. If we stay stuck at .50 or lower and have no news after Thursdays close that would not be a good sign.
In closing, this is a pretty safe play. Remember, there is gold there, how much is the important question?