Saturday, September 16, 2006 12:49:34 AM
Very pleased to see the EOD volume on higher bids and pps climbing to and retaining .009. No bs painted trades, but real solid buys.
To those interested, in reading some of the posts on this board, one of the favorite ploys of paid bashers is to bring up old info and non relevant info to negate the co., to bring down pps. Paid bashers are compensated by the number of responses they receive back from their bs posts. Better to ignore than answer them defiantly.
Most importantly, this stock has been MM controlled over the last few weeks, shown by many higher bids myself and others have submitted that have been purposely passed over for lower bids. Also, the large spread in the bid ask daily to create perception that retail traders better sell or lose more, and or sell and buy at a lower price. So transparent with 100 sh trades trying to bring down price. And yes, only some retail traders will get their bids accepted at a lower price. Why? So they will then shout to others what they achieved, thus passing on what the MM's want the retail traders to think, but from a retail trader source.
The game is well orchestrated.
The short position on this stock is also an issue and will be instrumental in pps increase once momo is created with completion contract for Dalian project.
Chart techs-ADX up and DMI- dropped significantly today and DMI+ ready to turn up.
When Dalian project is secured, and projected revenues of millions a year are released, with current share count this stock is .06.
And yes, Red lake is viable and with winter coming, once lake freezes over, possible extraction can begin. The red lake project is adjacent to Goldfields project, which has produced significant amounts.
Best Regards
Not a buy or sell recommendation
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