Post by
RRM53 on Oct 17, 2010 12:07am
Same Players-differnt commodity
This might be of interest to people who own Centric-If not my apologies.
Give these guys a break-on OCT 11.2010(last week!)-16.8 million PP shares became free trading-cost 17 cents.
You don't think these guys know that some of the players will sell the stock and keep their wts at 25 cents-IF THERE IS ANY KIND OF A WIN IN THEM.
That's where the money comes from for the pros that play this game and they immediately put it into anothewr deal-How do you think that guys like David Elliot and David Lyall at Haywood got so rich? Check out how many PP's they have done over the years.
But on the brighter side-they strarted drilling this propertry on June 28/10 and unless they are deep and tough holes they should be finished and in for assay-Anyone heard anything?
Given the price of Gold and the guys in the deal-Pinetree(Sheldon and the boys) they can finance this deal forever with good results-and that should result in a higher stock price-WHICH IS WHY WE ARE ALL HERE-RIGHT?
Hang in there-should be a good trader over the near term.
PS: If you think Gold is getting a little toppy have a look at CTE-lot of the same players as SFF with Pinetree and Sheldon Iwentash personally involved, as well as Rob Sali-Spec Oil play in East Africa.