Post by
VentureTrader1 on Sep 11, 2012 11:45am
Everybody has Shares To Sell for .80
Level 2 looks light all the way to .90, but somehow everybody seems to suddenly come up with a few thousand they're willing to let go for .80. Buyers should pull their bids, based on the behaviour of the sell-side they could probably get the price back down to .75 with the overall lack of interest here.
Comment by
gold_diggers1 on Sep 11, 2012 12:06pm
But right now, no one even wants to sell at $.79..... which was briefly skimmed past at the open from $.77 to $.80. . Funny there seems to be a price people want to buy/let go one some day but not on others.... The trend seems to be on the way up with occasional pullbacks..... same for ORE and KGN.... . GLTA
Comment by
VentureTrader1 on Sep 11, 2012 12:48pm
There's also the German court decision on the constitutionality of the ESM which will determine how freely the ECB can continue to monetize European debt. That decision could have a big impact tomorrow (on gold, and by extension miners).
Comment by
4x4 on Sep 11, 2012 1:03pm
yes good point... I don't fully understand the deal they are trying to make there....the plan does not increase the over all money supply...????
Comment by
Bpultra on Sep 11, 2012 1:42pm
German top court rejects delay to euro ruling Stephen Brown 07:24 EST Tuesday, Sep 11, 2012 Would like to post the whole thing but Stock house won't let me?
Comment by
4x4 on Sep 11, 2012 1:54pm
Absolutely that is the risk.....and once again the volitlity could/will prolong the agony in the junior gold market....but the trend is up in my opinion.....the next couple of days will be interesting to say the least.... VTR has a viable deposit (imo)....and very viable at $2,000/oz....their definative assessment next year will tell the story I guess as far as Kiaka goes...
Comment by
Curvature on Sep 11, 2012 9:02pm
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Comment by
VentureTrader1 on Sep 12, 2012 11:36am
Kiaka South - I think we had those results back on August 29th. The market yawned.
Comment by
ALLEN4 on Sep 12, 2012 11:45am
lol, guess I missed that n.r. somehow; looking at them now, the results look fantastic! Yippee!!
Comment by
VentureTrader1 on Sep 12, 2012 12:20pm
When I originally read it, I took the highlighted section to mean that they would release the remaining results concurrent with the initial Kiaka South resource estimate (so probably not for a few more months anyway).
Comment by
gold_diggers1 on Sep 12, 2012 1:50pm
VT1 - "When I originally read it, I took the highlighted section to mean that they would release the remaining results concurrent with the initial Kiaka South resource estimate (so probably not for a few more months anyway)." . I thought the maiden resource at Kiaka South will be announced in Q3 this year? . GLTA
Comment by
VentureTrader1 on Sep 12, 2012 2:02pm
In at least this respect they've become like all other gold companies - overpromise, under-deliver. Last page of the current presentation now says 'Resource Q4'