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Tuesday, November 30, 2010 11:24:22 AM
1) You must realize the MM's had 9.5M shorted last week, and 4.1M shorted yesterday, they have a lot of buying to do. This is why you'll see endless shares sold at the bid sucked up when someone dumps.
2) The 43-101 is all that SAEI is about right now. However many ounces they have will be a "buy the news" event. On the OB $50-60/oz is what you aim for in terms of market cap, so 1M ounces is $60M, etc.
3) I just called SAEI, left a message. Going to get information as to if when they will PR the 43-101, as in this week or next week. Will let you all know...
GL!
Crushing Pinklyland Est. 2009
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