Top Bullboards post:
“There is going to be a lot of uncertainty as we move towards August 1st because realistically everyone knows Baja has minimal cash so people interested in getting a piece of the company are encouraged to wait as long as possible until Baja is against the wall and take the offer they get. Of course, this also benefits MK as people have stated because the lower the price goes the more positive it will look if they finance the project and save the company, no matter how dilutive it becomes. The only real saving grace is that there are more than 1 interested party and a deadline for proposals, like a real estate auction. Hopefully MK has set a deadline and all offers need to be on the table by that time, otherwise these parties will take advantage of the cash problems we face and delay us to the last minute. The other incentive is that no one wants the operations put on hold because that will just create a drain for everyone.” From sellpubs on the Baja Mining (TSX: T.BAJ, Stock Forum) board.
Top Bullboard:
Barkerville Gold Mines (TSX: V.BGM, Stock Forum) received the second-most reads and posts on a day its stock popped more 23%.
Top blog:
coffintrader presents an article suggesting gold price manipulation may be the next big scandal to break in the WallStreet Investing blog.