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Bullboard - Stock Discussion Forum Gold Canyon Resources Inc V.GCU

TSXV:GCU - Post Discussion

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Post by Goldhigh on Aug 23, 2012 8:38pm

AMAZING!

How a volume of 50,000 can move a stock by 10 cents, and then the big boys get involved and 350,000 moves it 1 cent.  Creating a slow and steady climb is alot of work. At least we are trending in the right direction. First it was held at 1.45 and today at 1.60. I hope everyone gets their family positioned soon to let this baby rip!
Comment by Geospot on Aug 23, 2012 10:57pm
The price is not so important. It's the volume.  WHAT IS IMPORTANT is volume. A million shares the other day is not day traders flogging their mice, so to speak. That kind of volume would, IMHO, only come from deep pockets in Toronto, New York, London, Geneva, Frankfurt. They love this phase, because when a stock is suppressed this long many frustrated sellers accumulate. They needed ...more  
Comment by Schill on Aug 24, 2012 6:34pm
"And whomever marked down my recent Bloomberg post gets extra points, because it was a tedious video, even with the gratuitously attractive female journalist." I marked it down, too. :D Because the links wasn't working.
Comment by Geospot on Aug 24, 2012 10:47pm
It's good to know that it was a broken link and not a Bloomberg reporter in a tight sweater that caused you to mark it down. OK, no well-formed visuals here but if bear with some jaw-flapping about the price of gold and listen to this interview from today regarding juniors and exploration companies with "one or two properties" I think you'll find it interesting if not tiilating.& ...more  
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