Lunch time blues for all Resource ExplorersIt has been my experience in playing these penny explorers, thaT LUNCH TIME, SEEMS TO BE GTHE WORST TIME OF THE DAY....I suppose it's due to a number of reasons, including ordinary working people will be on lunch and would therefore call in for quotes on their stocks, and at the same time make a decision on buying or usually selling their stock if it has gone up, and the ction is much more one sided on behalf of the pros who hardly take lunch to pick up those cheap bargains giveaways...Now it,s also a dead givewaway when these explorers very rarely go UP during lunch hour, that would mean great strength in that stock and thus higher prices...
I think we are seeing all that play out. So let,s see how GGE will do at lunch...But I would say , this was not unexpected, certainly bye me and many others, GGY has had great difficulty getting thru 14....
Again this time it,s different , with a super assay result iin at 13 gms for a super length, and amy more assay results coming shortly. Any Geologist will quickly recognise, this is a BIG mineralised area, and will likely extend in all directions ----at this depth aand grade, highly unlikely a one hole wonder, nature rarely works that way--As I had mentioned our partner Temex is at 37, and no sign of weakness-I find that lunch times are the one of the best times to pick up bargaiins-No doubt these 2 have a very good deposit on their hands, and the onlym thing left to do is drill and outline the deposit all out...For now we will likely get I hope more great newsm like this one we have that willl drive GGY to new highsm and thus way above that 14 cent resistance will be long gone. IMHO
M99