Manipulation or failed promotion?The only manipulation that's been going on here is when the share price spiked to 65 cents on no news. Without drill results that meet or exceed expectations this stock will be stuck in neutral indefinitely. Over time additional investors may continue to lose patience and apply more downward pressure to the share price. Every day that goes by without news reduces the odds of decent drill results being released IMHO.
There is a lesson to be learned here. When a company is next door to another company that is drilling off a world class resource, the place to be is with the company having success. Don't be afraid of the relatively high share price as is the case with TRR. Don't be cheap and don't be greedy. Play the game smart. You don't work for the company so don't preach the promo. There is no such thing as bargain hunting like you thought you were doing with GLD. GLD is NOT along trend from the Cote Lake discovery. When Hemlo was discovered three different companies developed mines along the orebody. All were along trend and absolutely nothing of value was ever discovered off-trend to the north or south. This is why I'm a TRR shareholder and not GLD. Take that for what it's worth. I'm not bashing GLD, I'm doing a relative assessment of two different stocks. There's nothing wrong with GLD's management, their properties or approach to exploration. I'm simply talking relative odds of success.
Greenstone belts in general have a long protracted history of structural and mineralizing events. As a result mineralization always shows a strong structural control. In the Abitibi that trend is east-notheast as defined by the Kirkland-Larder Lake and Porcupine-Destor breaks, The Timiskaming-type unconformities and sediments, related to the breaks, also follow these trends. Off-trend is off-trend and in most cases it doesn't matter if your 200m away or 20 km away. You can talk splays all you want but this game really seems to be all about whether Cote Lake mineralization extends onto GLD land.