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Re: eyeamgame post# 26011

Sunday, 06/28/2009 10:36:54 AM

Sunday, June 28, 2009 10:36:54 AM

Post# of 83049
Pure Nickel motives and stock price

Probably not many or maybe nobody on this board since we have dissected every issue to death. Plus its a little late to sell at this point since we are near historic lows.

Obviously it is all about the green. But what is their angle? When you look at the FC action being settled. Then its immediately the lawsuit about "What does production mean?".

Maybe they are trying to get a payment schedule with better terms, maybe they are trying to keep the stock price depressed while they accumulate more shares, or maybe they are trying to put CPRK out of business altogether so they can pick up the assets to restart a company of there own to process the ore.

Who knows except the Pure Nickel group and maybe the CPRK insiders who probably know this group pretty well.

I know I picked up a lot of shares this week and I am finally happy with my average share cost versus where this company is in its life cycle.

So I agree that the majority of the people who watch this board are buying. But the big question I still do not have an answer for is who is selling almost every Friday? Last 6 out 8 Fridays is statistically well above what should be occurring. Is it the company or is it somebody else? I have no clue. But you can bet that waiting until Fridays to buy is a good strategy if you believe the company will produce income and stay in business.

By the way...I didn't mean to infer that somehow Canadians are somehow inferior or less honest or any other negative innuendo. That would be a blanket statement about Canadians that would just not be true or even close to honest.

There are plenty of scumbags everywhere that will do whatever to steal your wallet but in this case the Pure Nickel group just happens to be based in Canada.
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