What happens next..........The larger mutual funds will not buy any stock that trades for less than $5.00
When they start buying, these mutual funds buy and hold. This means that there will be less shares available for trading and those that need shares then will have to pay the price.
Secondly, I took a look at the last 18 months of Earle's recommendation history on Ventana Gold, which went from pennies to appox $14 today. Earle provided regular updates moving from his target on VEN from $4 in June 09 to a target of $16 today. With the results that CAN is producing, CAN will hit $20 in 2011. The only question is when i.e. in mid-year or later in the year.
Lastly, there are more pending announcements on drill results. I expect the real good news to be announced at the AGM. My $6 target for 2010 will be achieved before then.
The real tricky part for 2011 is to be able to squirrel away enough shares without touching them for six months. Those shares will triple from todays stock price.