Indocan Resources Inc. (IDCN)

[Montanore]

Tef, I fervently hope you're right. But I wouldn't be the least bit surprised if we resumed sideways trading for another month or two. I've seen huge volume spikes on pink sheets out of the blue before and sometimes they're just a short-covering anomaly. A spike occurs and it's re-shorted or re-diluted or otheriwise re-sold down to former levels if not lower. The spike looks good, but a lot of longs use it to get out. And while such a spike may lure in a few newbies, they also add to the selling out of frustration and lack of patience once its obvious the spike has no legs due to lack of follow up good news.

I hope I'm wrong since I'm saddled with a lot of shares here. I did buy into a similar volume spike on EDEX at a penny. It also did not go up much to the consternation of long-time holders. But a week or so later it went to 10 cents. I hope that can happen here. I did not sell on the spike since I hope for a heck of lot more than a mere .0007.