HGLC Trading Day 10 of 45 and counting..>8^}
TODAY (Making 11'th Trading day) wont count since the market isn't open yet...>9^}
(This is a bet that within 45 days from PR back on 12/05/08, {after sold shares quota is met} there will likely be a PR release explaining why nothing went as planed.)
Is the digging Fool's Gold or a Gold in one on the GOLF (of course)...>=^}
If I may recall a past PR release;
NEW YORK, NY--(MARKET WIRE)--Dec 15, 2008 -- Hunt Gold Corporation (Other OTC:HGLC.PK - News) confirmed today that it has completed its second drill hole at its "Mockingbird" Gold project in Arizona. The drill hole was located at the Great West Gold Mine a few hundred yards uphill from the first drill hole at the Pocahontas Mine. Almost from the beginning of the hole, the core exhibited spider web stock work fracturing with intense iron oxide staining. At 73 feet of depth argillic alteration was encountered. The strongest zone of mineralization was from 83 feet to 100 feet. Alteration continued to a depth of 113 feet, and there was spider web iron-stained fracturing, on and off, until the hole was terminated at a depth of 154 feet.
Given the potential for disseminated gold mineralization, core from intervals throughout the hole will be submitted for assay, not just core from the visibly altered and mineralized zones. The assay work will be done by Jacobs Assay of Tucson, Arizona by an assayer registered with the State of Arizona Board of Technical Registration.
I like the play of words here regarding the the imbedded phrase, "disseminated gold mineralization"
Now let's take these apart.
Disseminated: -spread around; widespread; spread over a wide area of the body
Gold:: -Ditto.
Mineralization: -In geology, mineralization is the hydrothermal deposition of economically important metals in the formation of ore bodies or "lodes".
So, GOLD 'its-self' is not actually found, just its "BASE MATERIAL"...>9^p
In other words, I smell a stake cooking on a grill - Although I don't actually 'see' it, I can smell it so it must be near by...>8^} --LOL!
NOW TRADING DAY 10 of 45....>8^{.......and counting >=^{
and NO, I'm not bashing as I don't do that. -BUT, I've simply had enough with these well worded PR that go nowhere.
OK, OK, must give credit where due, at lease we're being "Informed" of alleged drilling activities, of some kind.
What annoys me is where and how it all ends is usually a lot worst than all the talk along the way.
Through it all, I'll say, if gold is actually discovered from the drillings, this stock will likely go supernova.
The current economy is RIPE for this to happen as countless millions of people are scared (portfolio) -stupid as to where to put there investments.
Since GOLD is a universal Language (World Wide), HGLC's announcing Discovery of gold in their wells will likely draw world-wide attention, likely having buyers climbing over each other to get in.
Flippers would be flapping their wings all over the place.
And if there are shares being dumped on this stock, those 'Dumpstes' may need one hell of a commode to flush all their crap...>8^},,, to keep the PPS down.
Hunt Gold would be on the HOT STOCKS list and would likely out flame the fires in hell.
the down side is that many investors in at '.0001' would go into cardiac arrest from all the excitement.
BUT, in the meantime, it should not be surprising that the PPS is Bouncing between '.0001' and .'.0002'.
This is an old (dated) Pink trick.
Buyers buy in at '.0001' -(PPS may float here to allow the opportunity)
As buyers taper off, it jumps to '.0002'. -This "Virtually" doubled the initial investment at ".0001".
Investors sees the Dollar Doubling in their Portfolios and get a sense of HOPE.
But it's all false. -As those gains are "unrealized" until their SOLD at the higher PPS price.
Market Manipulators are "Careful" to not exceed '.0002' on the ASK with the BID at '.0001'
IF the ASK went to '.0003' for example, chances are the BID may become '.0002'. -This then opens up the channel for flippers to take profits on their initial BUY at '.0001'
Betting that the majority of investors who bought at '.0001' wont likely sell at '.0001' as they await the BID to be higher, chances are they'll just HOLD.
Meanwhile, those who "SEE" '.0001' are sold out and the pps now at '.0002', may gamble that the PPS is going yet higher and then will BUY the '.0002's
However, the SELLERS of company shares are the ones who's really profiting here.
The PPS on the ASK never goes past '.0002' which locks down the previous '.0001' ASK -buyers from selling on a likely '.0001' BID.
the NEW BUYERS on the '.0002' ASK, becomes the new bag-holders when the PPS locks THEM in when it falls back to '.0001' which then puts them at 50% of their initial investment. -BUT, gamble has it that they'll ADD to their shares on the ".0001" ASK.
This gives a false sense of security under the assumption that they'll now buy twice the shares for the same cost purchased at '.0002'.
The LOGIC is correct, however, they'll likely NOT achieve their anticipated profits because the PPS never goes high enough to do so and there in lies the Paradox -LOL!
Another issue to consider is that as more and more Buyers BUY-IN and become LOCKED-IN under this Paradox, the Higher the Likelihood of a Reverse Split to recapture the eventual VAST number or shares collected amongst countless Bag-holders.
uh'hu...>=^p
Either this or the said company may risk quite a lost in their net worth from all the bag-holders selling their shares and taking profits.
OR, if the said company is HOT enough, (i.e.-HGLC Strikes GOLD) they'll likely WIDEN the BID/ASK spread so that New comers getting in on the ASK would likely be paying for bag-holders taking profits at the BID and the said company would less likely suffer relative capital challenges during the process.
After the bag-holders are done taking profits, the BID/ASK spread tightens and the company is likely sustained as growth continues on further big-'ASK' ...>9^}....Share Buys.
All being said, (to this point) and given the state of the economy, if HGLC play their cards right and truly believe they're on to something with all their diggings, they can literally take the market by a storm.
I mean, if I truly believed I'm on to a golden discovery, I'd be knee deep in that hole with a shovel along side that drill bit.
With the current Market turmoil, I'd see this as a once in a lifetime opportunity to stake a major claim in the Market hall of fame.
People, World-Wide are seeking places to put their money,, I'd be among their choices!
WELL HGLC?,,,, you're ON!!
I'm going to see what's up with your plans.....
OH AND UM,,, ABOUT THAT HGLC WEBSITE!! -Wink-Wink...>9^}
AI
