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Re: tazmania1 post# 79018

Tuesday, 02/07/2012 6:45:26 PM

Tuesday, February 07, 2012 6:45:26 PM

Post# of 118203
I think $1 is out of the question in the foreseeable future. It would take a monster piece of news that seems unrealistic (2000 oz gold/month kind of news). IMO you shouldn't be playing this for the next PR because there is no guarantee one is forthcoming, but should be getting ready for earnings reports 3/31 and 5/15. Any PR before then would be great but no guarantee it'll do much for the stock price.

IMO, .02, .025, and .032 are realistic sell orders if you want to try and flip it before earnings, but I think this is going to grind slowly higher to .02 before 3/31 and break out if the numbers are good. Any update on production numbers would obviously be a game changer, so I'd be careful about setting your sell orders too low. I've got one in at .032 for 1/10 of my shares, another at .05

JMHO

GL
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