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Birch Hill Gold Corp. FNTRF



GREY:FNTRF - Post by User

Comment by timetoliveon Sep 22, 2010 5:23pm
221 Views
Post# 17480959

RE: This Stock Shoul be Soaring

RE: This Stock Shoul be SoaringYou got that right it should be soaring, but it's not. No buying interest. They are going to a Toronto Convention this weekend, so maybe by Monday, we will see some more buyers. I can't see how with results like this from Phase 2:

3.07 g/t gold over 13.9 m within 34.5 m zone averaging 1.93 g/t gold
3.35 g/t gold over 16.85 m within 34.8 m zone averaging 1.84 g/t gold 



Then this morning:

* 45.95 metre-wide zone averaging 1.05 g/t gold including 2.90 g/t gold over 10.55 m

 

* 89.80 metre-wide zone averaging 0.62 g/t gold including 3.52 g/t gold over 4.05 m

 

* 20.45 metre-wide zone averaging 1.37 g/t gold including 14.4 g/t gold over 0.95 m

   and 2.75 g/t gold over 4.30 m


How are we not at 60+ cents? Simple. It's a combination of several things. 1) No marketing of this company (hopefully that will be resolved in Toronto this weekend), 2) Investors are scared after what happened when the stock went from 90 cents to 40 cents in basically 1 week, 3) Investors are waiting for all of the results before making a decision.

Maybe I am pushing it, but I think 60 cents is not unreasonable right now. 75+ cents by the end of this drilling program.

Looking forward to Monday once potential investors see their booth in Toronto.

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