Cipher Resources Inc DREXF

is dox back on the move?

[JonnyRbuck12]

I remember before last summer when everyone was hyped on this stock and yet when results came out it tanked like a rock. Now 7 months later with no news or updates this play is starting to trend back upward?  I dont get it? Big news on the way and insiders are loading up or is it just a P&D?

I know that dorex does have a optioned gold property in the Czech, but when I called them early last year they said that they submitted all the papers and documents and it was just a waiting game. Is that why people are buying? thats all I can guess for now, but a nice flip from 2 to 8 cents thats for sure. Market depth looks shallow too, and with 15 mil O/S good news could move this back to the mid teens even low 20's.

Market Maker	Shares	Bid Price	Ask Price	Shares	Market Maker
--	5,000	0.070	0.080	9,000	--
--	10,000	0.065	0.090	45,000	--
--	50,000	0.060	0.090	5,000	--
--	60,000	0.055	0.100	40,000	--
--	25,000	0.050	0.100	20,000	--
--	100,000	0.050	0.110	30,000	--
--	--	--	0.120	10,000	--
--	--	--	0.120	40,000	--
--	--	--	0.150	5,000	--

[huxley]

You are not the only one to wonder what is going on. They badly needs financing, there are no news and no signs of insider activity. Only explanation of the interest could be their Slovakian gold property. But of course with 15 mil S/O DOX still looks attractive. It could move fast.cheers,huxley