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Gold Canyon Resources Inc V.GCU



TSXV:GCU - Post by User

Post by cavedudeon Feb 27, 2012 2:36pm
380 Views
Post# 19592754

Some perspective

Some perspective

We only dropped 30 cents from Friday, in my books that isn't too bad. I was more concerned with more of a lemming run to 1.75. So far we have only traded 800K. In my past experience, I have seen 2 million shares move shortly after an open when the results were not what was expected. Sheldon bought lots all the way through, I consider this a good sign considering he didnt know any better than the rest of us what was to come - nice to see no leaks. Will we sit at this level for awhile? Hard to say, like any bad news it is quickly forgotten and I am sure we will move up to the 2.50 mark in a short time based on the low amount that has moved today. Will be interesting to see how Sheldon handles it. Will he sell any over the next while? That would be more concerning to me than not getting the 10 million ounces the dreamers were expecting out the gates on this updated 43-101. Hang in there folks, and dont beat up on yourselves, this play really is still in its early stages. JMHO.

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