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Bullboard - Stock Discussion Forum Linear Metals Corporation T.LRM

"Sona Nanotech Inc is engaged in researching and developing gold nanorod products. It makes products for diagnostic test and medical treatment applications. The company's product includes Gemini and Omni."

TSX:LRM - Post Discussion

Linear Metals Corporation > re.where from here.....
View:
Post by jughead3 on Jan 17, 2011 7:00pm

re.where from here.....

Hopefully higher and not lower
Comment by consultant99 on Feb 09, 2011 4:19pm
Great day today and based on the news release the stock shot up to 0.38 from 0.27 close yesterday. I sold out my earlier stake at 0.29 and bought back in at 0.30 when the news hit. I put a stink sell order in at 0.375 and was taken out in the last 15 minutes - no shares left to sell but lots of money in the bank.I like the action on this puppy and would like to accumulate a few more shares but not ...more  
Comment by StockBadBoy on Feb 10, 2011 8:08am
Consultant99. I think the day has finally arrived for Linear Metals (I have been in this since the split from Linear Resources, which is now Brigus). This has been a long time coming. The cycle of price spikes and subsequent fall back in price might be a thing of the past. The Kenya properties look like very good finds, I especially like the overall price in terms of the deal, i.e. overall $4.3 ...more  
Comment by consultant99 on Feb 10, 2011 1:06pm
Looks like the dreaded price retracement has already begun. I think that the spike yesterday was a knee-jerk reaction and I need to see this find some level of support before committing fresh money. This could go back to 0.26 which was the breakout point. StockBadBoy I don't disagree that it is now worth putting some shares away for a longer-term play. I have orders in to buy under 0.30 ...more  
Comment by ontheDL on Feb 10, 2011 1:24pm
I too held this LRM from the split. Sold Brigus recently (kept shares in SSL) and was just about to sell this but why not hang in a bit longer.  LRM can earn 80%, what is their share now?I will hold LRM a little longer if they can attract shareholders who know the Archean Nyanzian Greenstone Belt from investing inBarrick Gold's North Mara deposit, which contains over 3.5 millionounces of ...more  
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