RE:RE:RE:RE:RE:Anonymous bidder. Several reasons:
1)Klondike Gold Corp is in a different area than the Golden Triangle. Yukon compared to B.C
.
2)GTT. Had great results which caused people to speculate on the neighbouring properties such as CXO and ABN.
3) People were speculating and buying into the frenzy of GTT a la "GTT found gold, there must be more around in neighbouring properties." pure gambling. They were not doing actual in depth background checks and research into the companies which are very small and underfunded. Small property with low funds =bad in the mining industry. ABN was only funded $318,000 for drilling. Buying a lottery ticket if you invested there.
4) Location- these companies are located way up in the mountains in B.C very hard to access and would be difficult to mine. They would have to find billions in Gold to make it worth while to be bought out.
5)Hype? check out August 20th to 28th .30 cents to .60. based on news. We dont have news currently so price has dipped because people are always chasing when they see a company have a 15-20% day. KG as of now is relatively a fair value per stock based on the PP with Sprott at .34. I DO NOT see it going below this threshold unless Phase 2 results are bad. As soon as news is released this stock and forum will be bustling with people again trying to jump on or off the ship. Key is to do your Due Diligence and get in before the masses drive the price way up.
6) News continued- We really haven't had news since the 22nd of August so hype has died down (We traded around .55 cents for a while as people thought drill results were coming sooner than later) . Where as The Golden Triangle companies have 4 or 5 companies in the area releasing results and news releases. More things to speculate off of.
7) Mark my words when Phase 2 is released this place will have all kinds of people coming out of the woodwork.