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GLOBAL MINERALS LTD NEW GMFLF



GREY:GMFLF - Post by User

Bullboard Posts
Comment by Guinnessamaniacon Aug 20, 2004 3:53pm
204 Views
Post# 7835338

RE: sooner

RE: soonerA series of encounters with Murphy's Law, combined to drag the price to where it is. 1.) pulling a PP when the price had just gone up before there was any chance to consolidate...kicked the legs right out from under, 2.) Just as the stock price started falling POG decided to head south for the winter (even though it was just about Spring) 3.) Test results were badly handled (unapproved Labs, etc, etc) 4.) then to top it off the boss decides to butt heads with the Commission...not smart! and confidence erodes further so now there is almost no support for the price at any level. 5) Looks like one of the Golden Eyed Shareholders with lots of stock has had enough and is plopping it on the market like a horse that has got into the molasses....too fed up to wait longer. The combination of things has added up to very poor performance of what was a very good accumulation of properties with lots of promise...and what keeps it down like standing in the Alberta clay up to your ankles after spring thaw with boots on....try and walk ! If we can reverse the trend and announce some good news about the mill start-up and gold holds above $400 waiting to blast off with the first terrorist attack of any significance, I not only think the stock will hit .70 again but will blow right by and head for the $1+ range when the mill is earning revenue. JIMHO
Bullboard Posts