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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 Sep 16, 2010 10:52am
277 Views
Post# 17455591

This is a turning point...take note!+Depth

This is a turning point...take note!+DepthIf you've been watching the bids and trading as closely as I do, you'll notice over the past few days something has changed.  The ask is slowly drying up, but at the same time, the bidding has been increasing.  This is normal for a stock that has such a gregarious demand vs. it's ask.  STILL SITTING AT 5x BID VS. ASK!

The price has moved up a bit, but the demand has not let up at the higher prices.  This means stock will continue to rise.  With that happening, breaking through the neckline on the chart, it is very likely we will retest old highs sooner than later.  VERY GOOD SIGN! :-)

Here's Depth:

22000 0.1 0.105 25000
200000 0.095 0.11 135000
503000 0.09 0.115 15000
778500 0.085 0.12 173500
471000 0.08 0.125 5000
500000 0.075 0.13 204000
1265000 0.07 0.135 208500


Good luck to all,

x
Bullboard Posts