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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
Post by xdmmdx3on Aug 26, 2010 3:00pm
421 Views
Post# 17386929

DEPTH + Stats

DEPTH + StatsHere's the depth for all interested as the volumes pick up and the stock rises:

    Size         Bid         Ask         Size
66000 0.085 0.09 25000
312000 0.08 0.095 39000
790000 0.075 0.1 45000
1410000 0.07 0.11 60000
99000 0.065 0.115 3000
40000 0.06 0.12 5000


I can't recall ever seeing such an overwhelming interest in NCM stock.  Even when the stock was at 10¢ and was taking off to 20¢+, the largest descrepancy I saw between bid and ask was about 7X, and right now it's a whopping 11X!

There is $200,000 bidding vs. $18,000 to drive the bid to 12¢.  Of course that assumes static bids and asks.  But as the stock rises likely more bids will follow...it is the way it always happens.

Good luck to all,

x
Bullboard Posts