RE:RE:RE:Bashers choose your GradeSigh you mostly had it right until you went conspiracy theory.....................
AGG is up 8% today BKI is up 6% today. Pleanty of gold companies are up today.
Now is the stock market in trouble these days..... well lets not even get started on shorting and the rules around shorting that simply create downward pressure without creating demand.
Or the fact that we took a finite resource like gold and allowed people make paper gold in order make a finite resource infinite
Ie 293 peices of paper for each ounce of actual gold. Which would make actual gold worth more like $400,000 an ounce... heck people should be up in arms over that one.
But anyways I am getting away from the point. What we have here is FM sucking the value out of this company. Maybe a little shorting, but mainly FM sucking it dry.
procuda wrote: I am also a frustrated long as are others. But I think when we look at the root of esm ie the gold and copper in the ground along with a permit in hand and also the stanija property the fundamentals are strong. When we look at the selling pressure that coinman graciously provides it clearly shows a price suppression scheme that keeps driving the price down. The anonymous group along with the algos and hft make it impossible to invest these days. Just as we know the price of gold is constantly being manipulated so this stock along with other gold stocks that I follow are also being sold to keep a lid on investors looking to invest. It is very easy for them to keep a sp down by constantly selling any strength to keep investors away. Throw in the paid cowards and results speak for themselves. coinman if possible could you continue to post the house and grading action so we at least can see the manipulation because I know that anonymous will once again be the big seller with help from cibc algos.