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Re: TraderDog post# 25968

Wednesday, 09/03/2008 3:21:41 PM

Wednesday, September 03, 2008 3:21:41 PM

Post# of 165856
I agree with turbo. This is not being flipped much right now. I would expect as Drilling & Assay results are being PR'd there will be the 'normal' day-trading activities going on here as the PPS climbs on the news.
After the first drilling reports are posted the PPS should see a nice rise then another rise on assay results and some will do the short-term profit taking route (which will be much, much more than 20% IMHO).
I don't see that currently happening on this one.
I also know of at least 4 people personally besides me (all longs on this board) who are still accumulating for their "retirement fund" (I've given up watching my 401-K and now have my SRSR-K fund instead...) and all have at least several million shares each.
I think people are so used to using the Huge Float strategies for investing that these penny companies typically have that they have problems figuring out how to handle a company that is not increasing their a/s or o/s every third Tuesday of the month.
The delays in drilling have only given us more time to buy smile
I still say this will be several decimal places higher by this time next year, but that is just my opinion. I know there are many smart people (longs) here who think the same thing, so I know I am not alone in my thinking...

Cheers Everyone,
ThegoodlifeGeo