GREY:CQXFF - Post Discussion
Post by
old_dog on Feb 23, 2012 1:01am
Statesidereport
Yep it was a poor day to say the least....was it??????
First off if you check out the statesidereport for the 22 of Feb you will see in Vince's report that he bought more today while it was going down. You will also see the reasoning for his purchases and not selling the shares he purchased the day before. If you also read the link that was posted a post or two before this one you will see mention of the statesidereport and his reasoning. The "Gold report" has a valuation of .95 cents a share on CQX and this has nowhere to go but up. 33% of the shares are inside held, Anonymous was the buyer today so someone is keeping their identity hidden. That makes me wonder what their seeing as their potential for share growth. If your holding shares, sit yourself down and get ready for a steady ride up. As Vince mentions in his report day traders were the sellers today and we all know as a general rule day traders don't do that well when you look at the overall picture.
They have permits for another 19 holes and one can only assume that a small PP will take place. That should give them enough cash to finish off the drilling on their Utah property.
The company has a big one here and they will do what is required to make it become the mine it should be.
old_dog
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