OTCQX:MEAUF - Post by User
Post by
Kapboyon May 02, 2013 9:21pm
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Post# 21333229
Well we know that it was not insider...
Well we know that it was not insider... selling. That's the good news, in that management continues to have confident in the project. A possible scenerio is a large shareholder ran into some "Financial" difficulty, and needed csh quickly...perhaps a margin call on ANOTHER investment. A call was made to his/her broker..and the rest is history. Bear in mind, no rational investor would dump this many shares on the market in a single day, and expect the price NOT to tank. This selling was done under diress!
Curious to see what happens tomorrow. We should see a bounce back up in the share price! Somebody is going to get a bargain when the market opens.
From a macro. level,the fundamentals remain the same regarding the POG. Nobody has stolen our gold.
Best of luck
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Kapboy