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Re: Jc1200 post# 1312

Sunday, 02/17/2013 3:09:14 PM

Sunday, February 17, 2013 3:09:14 PM

Post# of 4147
FWIW, I'm already on record for almost a month now, following the hesitation and repelling of the $.62 Fibonacci price rejection forecasted and brought into fruition subsequently, that the low 40s was on the come and to be prepared for this buy level eventuality.

I posted this during the euphoric phase of this FIRST bullish reaction to the $0.62 bear rally resistance level based upon the prior spike to 97c reaction experienced last year, I've BEEN anticipating low $0.40s back since that earlier post on this forum.

Disparaging chatter from various quarters ensued; that's on record here, as well.

Whether or not it occurs this week is the timing question. It is STILL "a given" aka, high probability future occurrence in my thought/observational processes. My personal "tea leaves divination" skills are more price sensitive than timing accurate. I've never gotten the hang of Fib nor Gann timing minutae.

If one were to apply the "E-wave" analysis to recent bearish Fibonacci resistance at the $0.62 area, one would learn that almost invariably ALL WAVE ONE rallies are completely reversed in WAVE 2 reactions.

This rejection/reaction then sets up the Wave 3 response, which projects to higher prices on the come. But that set up takes a while to complete the round-trip back to the low 40s, and then the set up to "set up."

It is my personal belief that Alfer's is not only brilliant legally, but also very attuned to nuanced market pricing movements. It may be the reason the anticipated Postle PEA is in abeyance. It certainly has not been released if it is indeed even completed.

Probably Peter Epstein (potandgold) probably knows more about the PEA than he's telling, but he's not saying right now.

And, life1 is looking for "silver ounce announcements" any day now, as well.

We're all looking for the on-the-come "road show" boost which is designed to encourage new entrants into the long side of this stock.

I personally further think the PEA announcement will come before the road show, and the announcement of who/what/when/where/how of the anticipated Non-Dilutive 2013-Drill Program and financing of normal operations will be next.

It was with interest, I read about the POTENTIAL FOR CALLING FOR EXERCISE OF ALL EXISTING WARRANTS OPTION made abundantly clear as callable at anytime based upon my reading of the 2.14.2013 prospectus just released.

These are my thoughts, and my thoughts only.

GLTALongs.




































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