GREY:NWSKF - Post by User
Comment by
Itcanbeon Apr 20, 2012 11:14am
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Post# 19816534
RE: WTH
RE: WTH Absolutely and utterly ridiculous. Shows what a stupid market we are in right now. I suppose if Newstrike released news that they hit 560 metres of 425 GPT then we'd go down 35%?? It just doesn't matter in this market what your news is, good, bad, stellar, monumentally great...whatever.....sell sell sell.......there is just zero buying interest in Gold stocks and gold juniors.
The good news is though that I feel like we must be getting close to capitulation after which things will stabilize and then be ready for the big leg up in the fall or so.
Newstrike has the goods. And with each set of new drill results this becomes more obvious. Nothing wrong with Newstrike. That's all that matters at the end of the day. As long as we've got the Gold, eventually when markets are sane again, we will realize our fair value, which of course will be way higher then $2.24 or whatever ridiculous price it closes at today.
GLTA