PINL:VLTAF - Post by User
Comment by
ALLEN4on Feb 14, 2013 4:01pm
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Post# 20990955
RE: RE: RE: RE: When is it going to end?
RE: RE: RE: RE: When is it going to end? Of course these are free markets; no one is putting a gun to anyone's head to buy, to sell, to not buy.....Is there manipulation going on? Possibly, its a free market people are free to try to manipulate.
As for me buying more shares, I cannot at the moment, I do not have the extra cash on hand. And I am sure that apply to all the other investors and institutions who you complain about not buying. Lots of us have put a lot of money into this company, and just because we are not there picking up every share that is being sold does not mean I or any of the others have lost faith in the company; it is just realistically there is a limit to the amount of money that the believers can invest. And right now for whatever reason the sellers are outnumbering the buyers resulting in a downward trend. You think gold should be $3,000 and you have a theory and the market is not immediately acting in accordance with your theory and so everything must be rigged. I have a theory to but my theory is more flexible in terms of the time frame when I believe things will unfold. My theory is that with Volta we have a good management team an outstanding asset in Kiaka and some other very good land positions in a good part of the world for this business. The price of gold has risen substantially and the value of Volta's shares will eventually reflect the increase in the price of gold and the developments within the company itself, meaning that it should eventually be worth a lot more than it was worth in 2008 when gold was trading below $1,000 and we did not own Kiaka. Right now incredibly the share price is lower than it was in 2008. Just a simple theory of mine that does not involve manipulation but involves some patience and an understanding that markets are not always efficient but that eventually value is reflected in share prices.