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Re: emmertz post# 5495

Monday, 04/13/2009 12:31:41 AM

Monday, April 13, 2009 12:31:41 AM

Post# of 8728
Emmertz - not sure what you meant by "share vol. is very mild..", but there seems to be an organized effort to promote the company. That IMHO is based upon the company obtaining 15 Mil financing allowing it to forge ahead with several projects that have been hinted at in pervious NRs (aquisition, JVs, Magog expansion, etc.). As long as share volume remains high (over 500k last two trading days vice average volume of around 41K) and the company continues to issue NRs of substance, we should see considerable rise in price this week. The float is only about 9mil, and a considerable amount of that has been picked up and held by investors over the last 3 years. It is possible that the MMs could begin to run out of shares if last weeks volume continues, and that could result in a sharp rise in price. We'll soon know just how that is going to play out. As you may have seen, the chart I posted shows a serious break out. I expect it to continue. GLTA

Makamai

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