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Bullboard - Stock Discussion Forum Sulliden Gold Corporation Ltd T.SUE.WT

TSX:SUE.WT - Post Discussion

Sulliden Gold Corporation Ltd > I would appreciate an explanation please!
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Post by bogeyfree on Jun 22, 2011 11:23am

I would appreciate an explanation please!

I just don't get it.
why isn't the stock moving up on what I
think is a good news or maybe it's not such
a good news?
There must be something that I'm missing.
I need some explanation on this one.
Thank you!
Comment by play_n_lay on Jun 22, 2011 3:16pm
I would have expected a POP also. Best I can tell you is we are consolidating between 1.90 and 2.00. Just have to be patient. Give it a week...looks like teh juniors are breaking out...this one should follow soon enough.Cheers
Comment by play_n_lay on Jun 22, 2011 3:39pm
I should say that I added to my SUE holding position today...its now about 40% of my portfolio.The volume is drying up...cheap shares are gone...I am probably 2 days early but when it moves it will be fast and furious...this stock is volitile and likes to gap up at opens when it makes its move.The problem is I don't think we have any company news catalysts coming to help us out...so its got to ...more  
Comment by bogeyfree on Jun 22, 2011 5:03pm
Thanks again Play, well appreciated!One more question if you allow me and you probably won't like this one. This is the kind of question that don't really have an answerbut we always hope for one :in your wildest dreams, how high ($) do youTHINK this thing can go considering the latest news?I'll try to make it maybe simpler, can it double and if so,what makes say this?Thanks!P.S.& ...more  
Comment by play_n_lay on Jun 22, 2011 5:53pm
The latest news is positive, but its not what will send this to the moon. What will is continuous successful drill results that myself and the analysts are expecting. What you want to look for in future drill result NR's are these words " extention of strike length", "new zone discovered", "anythig to do about the sulphides" these are very postive ...more  
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