RE:What a DAY, when the price of GOLD is falling andbiggeriron wrote:
expected to go down to $1000/oz, we get this pumping news release that means zip until the assay report comes in. This whole pumping procedure that is part of the Company's mantra, and is called the "Kingdom Come" is just a cheap attempt to get the stock moving, so that the one's that got in for five cents can make a profit on their purchase. What does a lawyer know about drilling and drilling reports, and yet the volume today would suggest that this stock s going ballistic. Its not possible, the stock is getting ahead of itself, and there has been a positive spin day in and out by the pumpers on this thread. I see the stock dropping on Wednesday, it had its 15 minutes of fame and that is the end of it, Amen.
Can't help it when the comex paper scheme is in place when someone can dump 3 billion in gold futures at midnight on a sunday when all exchanges are closed and drop the price 50 dollars in an instance. Meanwhile world demand is well in excess of supply. Meanwhile we got not just a single gold project but a potential district wrapped up in one company. Terry is not in charge of drilling and exploration FYI. Markets are not ideal at the moment but good companies are bifurcating from the rest of the pack. A exploration project that possibly turns into a mine won't actually become a mine for a long time so realistically the POG shouldn't reflect the real value of this project at the time. GLTA