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Bullboard - Stock Discussion Forum Birch Hill Gold Corp. FNTRF

GREY:FNTRF - Post Discussion

Birch Hill Gold Corp. > What's wrong with FDN
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Post by ryanmazda on Apr 23, 2010 6:03pm

What's wrong with FDN

So people, I have this question:
What's wrong with the company? Why is it that good news gets the SP down? Why did it suddenly spike up in price when the first round of news wasn't too different from the second round of news? 
Are there people manipulating it?  
Is there hope for this company?
Is there still hope for the share price?
Comment by Kasten75 on Apr 23, 2010 6:53pm
There really isn't anything wrong with the company, but there isn't anything special with it either. Share prices always drop after news, the price already has the good news factored in it. Always sell before any news is released, safer and good practice.It spiked up because it was a pump and dump, all the yahoos started buying up frantically and everyone helped make sure the price was ...more  
Comment by titleistproV on Apr 23, 2010 9:13pm
I don't think there is anything wrong with this property. They have a calculated a resourse of 234,000 oz by Norandawhich did not include the Sanders zone which is 500m away. This sounds positive to me however the market did not see it that way so I guess we will have to wait for the next drilling program. Just have to have some patience here and maybewe will be rewarded.....G
Birch Hill Gold Corp.
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