InvestorsHub Logo
Followers 42
Posts 8715
Boards Moderated 2
Alias Born 02/03/2009

Re: thebruce post# 10263

Thursday, 03/05/2009 11:24:58 AM

Thursday, March 05, 2009 11:24:58 AM

Post# of 18318
can anyone come up with a real reason for the sell off.
My idea is this.
The Norgold exploration program they said was positive.
If the company is small and want to keep capital investments in house and don't want to get outside backers they might sell all those shares to build up capital to buy the equipment needed to go forward.
Is this "reaching", or is it viable?

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.