TSXV:HRE.H - Post by User
Comment by
JJ40on Feb 28, 2013 12:05pm
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Post# 21055856
RE: lots of asks at 43 and 44 cent
RE: lots of asks at 43 and 44 cent Because you BUY the rumor and SELL the news. The gains took place before the NR. A few people are cashing in on what they made over the last week. The volume is so low that I am neither scared or excited. The news needs to be VERY material and specific, quantifiable, in order for investors to come in. Yesterday was a greeting card. I'm not bashing. I own over 60K shares. But my feet are on the ground and I understand the current junior market climate. BFS, JV, strong drilling results. Those events will move the stock. Then when the plants get online, there will be an explosion. But it is going to take time. Until then, big money will not invest in a junior based on hopes and promises. Thank goodness we have a great DD community here though. Most people are in the dark with no hope for a recovery on their significant losses.