GREY:NDXFF - Post by User
Comment by
staolinon Feb 23, 2012 12:10am
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Post# 19571120
RE: RE: Interesting trade
RE: RE: Interesting trade I don't know what the deal is with KIN but there just isn't money being pumped into these juniors nearing full production. At least none of the ones I'm following.
A lot of money being put into other bigger names atm. In this case we're basically only months away from two producing mines but the SP remains extremely conservative. But two months of a bull run is a long time these days and who wants their money tied up here, waiting, idling?
I just hope the market in general doesn't start on a downward spiral before these juniors put out good production numbers. If we can catch a good wind the production numbers will take this far. If we get confirmation numbers about production and everything is tanking... well... hopefully you have some cash on hand to take advantage :P
What could a MM do in this case? Give the appearance of volume by constantly trading back and forth?