GREY:ARGEF - Post by User
Comment by
PositionTradeon Feb 20, 2011 1:00pm
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Post# 18166612
RE: Institutions ARE buying
RE: Institutions ARE buyingGreat thanks to all posters in the last 14 hours, except a few commercial ads posts.
Very imformative! Very helpful! Great in-depth discussion!!!
I believe as the RE-CONFIRMATION PROCESS going ahead, Argex is rapidly approching the QUALITATIVE-CHANGING POINT, like phoenix re-born from fire.
This may take a few days or weeks. The catalyst may be new assay results, 43-101 resources estimation, and mini-plant metallurgical test etc. as you guys & gals discussed before.
This may accompany violent market shaking to get rid of some weak hands. I hate to see that, and it may not come. However, that is a part of this game's nature. Let us tighten our belt, we have to be ready for the worst, while hope for the best. E.g. while my own RRSP can stand for grade7 earthquake, the club account I operate can not stand for grade5 earthquake, because members hate to see any significant volatility in their account, and I must follow their decision.
Thanks to kb, Canada7, etc. for the institution buying information. I guess the main-stream institutions (like mutural funds etc.) have not started buying yet, they are watching closely, they have to wait for RGX breaking the threshold of $1 price and to see 43-101, and that day is coming soon!