RE:RE:RE:Trading desks playing with share priceGoodtoreadthis1 wrote: As all here know, there are a lot of reasons why stocks fluctuate price wise. WM just added enormous wealth potential to it's value by swallowing BAR whole. As a very long term BAR holder I came to know the many details of Martinere, Bug Lake, Grasset, area 51, area 52, and the numerous other project areas held by BAR . WM has already announced that it started drilling BAR site on the date of closing the BAR deal.
WM mgtmt is very direct, stable and very well self informed about the entire BAR package. The reason WM bought Fenelon for just $3 mill was the EXISTING drill read ots on holes drilled at Fenelon. BAR either did not read those reports or did NOT appreciate what the reports were telling them. Either way little WM bought F from big shot BAR and is making a killing with the drill bit at F.
BAR played hopscotch with it's holdings and there was no rhym or reason to BAR drilling. WM will not miss the Reaper results nor any other data point produced by BAR. NI is trying to get to $6 per pound and WM an experienced multi-mineral miner will build value at BAR's Grasset NI deposit, and the market will one day notice WM's NI at Grasset.
Conventional wisdom about the Abitibi is that deposits get RICHER as u go deeper. WM is gonna knock investors socks off by elongating the BAR holes. We have a GREAT BIG increase in value facing us so price weakness now is all trading desk gamesmanship. I try to also steal shares when trading desks create the opportunity which we have right now.
Thanks once againg GTRT1.....excellent post. Helps to keep a clear perspective on the "long term" big picture.