GREY:TWNNF - Post by User
Comment by
Sharpie009on Feb 25, 2012 10:18pm
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Post# 19586473
RE: OK GUYS ...TIME FOR PRICE PREDICTION ON MONDAY
RE: OK GUYS ...TIME FOR PRICE PREDICTION ON MONDAY Anybody expecting a big increase in price on Monday is due for a reality check.
Good news announcements aren't normally issued on a Friday evening after the markets have closed. New resource calc is already factored in the current share price.
If anything the lower grade is disappointing .82 g/t for indicated and .91 inferred versus previous 1.0 g/t and the use of a $1,500 gold price is questionable. The news release for the second time of drilling 165.00 metres at 1.2 g/t 10 days after they had already released it was also a bush league mistake.