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Monday, September 17, 2012 10:13:32 AM
To offer up 500k shares at all or nothing - with that I agree. But it could be a real order? or it could be someone trying to hold the deal down? or it could be someone trying to load up who hasn't got all their ducks in a row...could be anything...
But even at current valuation, the market cap on this company is only $3.5 million or so...
And they are cleaning up their balance sheet...
And Timberline did just discover a high grade resource right next to their Golden Snow property that looks to be trending onto their property...
And they aren't required to file Q's and K's since they voluntarily went from otcbb to pinks (no advantage being otcbb anymore anyway) - and their IR says a filing announcement is imminent.
All there has been accumulation without too much promo over the past month...good price appreciation on not too much volume...
What this means to me = a good value at under $0.10. People starting to take notice without the usual spike in volume. So not for daytraders or swingtraders, but for the rest of us...a really good chance of lots of upside with low downside caused by promo volatility.
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