RE: Good volume is a Good sign Although the actual grade of this deposit is not eye popping, the reality is.... this deposit just continues to grow in size and will eventually become a mine. Management is top notch here, and with the global fiscal situation getting worse, the outlook for a higher gold price could not be better....Today's stock price is 49.5 cents, and with a market cap of around 75 million dollars, it hardly reflects the true asset value of this play...chart looks bad, and the trading volumes are high...
Some brokerage firm out there, likely thinks this play is finished...and there is no feasible gold in the ground...but than again, what do bankers know about mining anyways?
Thats why these "experts" all work for a bank, they wear a suit and tie all day, and watch algorithms on a computer screen. looking for "buy " and "sell" signals.. They get their orders from the top, and do their jobs as traders (or robots) in the brokerage house...they talk to each other and play games with the market and manipulate prices on a daily basis...they know nothing about any of the companies they trade...nor do they care...To them, it's all about making money and who get's hurt in the end really does not matter...as long as it isn't them...
I still own VTR...and I personally will never let my shares go at this rock bottom price...this price is absolutely absurd for a company that has never misled investors...the value is there..and I'm certainly willing to hang in there and take my lumps...This one has certainly turned into a boom or bust play for me...with trading fundamentals being tossed right out the window,,,
May future endeavors bring riches beyond your wildest dreams...
Mrcashflow