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Bullboard - Stock Discussion Forum Sniper Resources Ltd V.SIP

TSXV:SIP - Post Discussion

Sniper Resources Ltd > Manna from tax selling
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Post by monstapeake on Dec 07, 2012 11:20am

Manna from tax selling

I have been awaiting an opportunity to add to my holdings of this company and certainly .03 ain't a bad price to get. It seems like the market maker is giving it away. Check the link below for insider holdings as it seems to be saying nobody is selling.

https://apps.cnbc.com/view.asp?country=US&uid=stocks/ownership&symbol=sip.v

Anyway, I like the management, the location, and the other holders which suggests a vote of confidence. In for the spec-glta, peake

Comment by MANUFAN on Dec 07, 2012 3:43pm
On long term spec, I think this is a great play. My only concern is their cash position. They will need cash to drill and an offering at 3 cents just doesn't excite me much. The relationship with Columbus Gold might be the saviour here. I still feel strongly about the management and properties... the spec part for me is around the cash.    
Comment by Pokerchamp on Dec 09, 2012 4:48pm
May have to do a rollback before the next financing.
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