IIIVERSON's BOOM BOOM ROOM!

[alfaspider]

Hammer:




I bot TGB today at 3.73- 3.81 (down from $5 last week)......

Mining Co--- but expecting Fed Approval for new facility (with GOLD reserves) which involves moving a LAKE. A WHOLE FRIKKING LAKE........

Canadian Holiday today, NEWS at 4:30 PM Friday... US Holiday Monday... so should be a real CRAP shoot?

lunch still at BK---



The market is amazing. Who would have thought that TGB would retreat from its recent high of over $6/share to a low of $3.70 today. Volume this morning is already in excess of 4 million shares so it is apparent that rumors exist which are negative concerning the Panel's report for Prosperity.
The share price has now recovered to about $4/sh such that the fund(s) that bailed may be done selling. This on Canada Day when stocks are not trading on the Canadian stock exchanges.
What is going to happen when the Panel's report on Prosperity is released tomorrow; likely after the markets are closed. The Canadian markets will be open on Monday while the USA markets will be closed. If the report is negative will TGB fall to below $3/share. If the Panel gives a thumbs up will TGB surge above $5/sh. Should be interesting trading on Monday in Canada and on Tuesday in the USA.
I thought that TGB would surge on anticipation of a positive report from this Panel and then pull back on the news. But as we all know, the market is broken and one cannot predict what will happen to a given stock. Many stocks are going down when they release data that is quite positive. Could the Panel give its approval to this project and TGB's share price continue to move lower because of the over all market - afraid the answer is yes.