GREY:NWSKF - Post by User
Post by
FANTOMASon Aug 15, 2011 9:36am
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Post# 18941701
Recent trading pattern: $ 4 offer ?
Recent trading pattern: $ 4 offer ?Is nobody here surprised about the recent trading pattern ?
We had a total disconnect compared to the overall (resource) market for weeks, steadily climbing to new 52-week highs, whilst the rest of the market was tanking big time.
Yes, we had our 120m @ 4 gpt but surely that couldn´t be the reason for our continued uptrend when everybody else was going down.
I sense, that there is something more to this story already than we all know.
I think, that there is an offer for NES already on the table (most likely from Goldcorp) and looking at our price increase, that would be around the $4 mark.
I´m certainly one of those who thinks that we will never see $ 20 here, because we would have been long taken over before any pricepoint close to this figure.
FANTOMAS