Elgin Mining Inc ELGMF

RE: Stock Performance & ELG Postings!!

[anolan9]

Hello all,

Can anyone comment on the rediculous tanking that  the stock took today.  I figured that seeing as no one is posting since the merger I feel obligated to try and spark some posts by both GOZ members and ELG people.

I find it extremely frustrating looking at the depreciation of the stock since the deal has been closed and would appreciate anyone else`s comments or thoughts.

 

When is this going to rebound to end this nightmare!!!

Adrian.

[HonestAbe]

All gold stocks took a huge beating today regardless if they were junior, senior, mid-tier, explorer, or producer.  Just eyeballing some that I follow had an average decline in the range of 7%-18% today only and that is following weeks of decline prior to today.   The problem with ELG specifically from my observations are the following: 1.  GOZ Q1 financials reported higher than

[rob2000]

Good post.  If you haven't sold by now, I would say just sit tight and wait it out.  Gold will have its day and fairly soon I think.  All we need is for gold to go back up to return to our recent highs and based on everything I've read, gold is becoming more and more relevant each day.

[stokpiker]

yesterday someone made an effort to paint the lowest close possible, the spreads on ELG bid/ask were extreme, at one point it was bid .60 and ask .72 jitney was buying shares at 4:30 and then 7 seconds before the close at 4:59:57 jitney sold 1000 shares at .63 to drop the share price another .06 at the close, its illegal to intentionally close a stock up or down at the close this morning 400