InvestorsHub Logo

es1

04/09/15 10:07 AM

#147129 RE: Wilde1994 #147123

We will be lucky if it provides a 4 cent pop. Even Dan has stated he does not expect the 43-101 to produce much of a move.
I think it will produce a move just because it has been so long since anything has happened here that any sign of life will make the PPS move but I would not expect a 43-101 which we already have to pop us up higher than it did when we got the first one.

With a resource estimate it would pop big but without it, it will make a temporary move and retrace if the follow up doesn't happen on the heels of the 43-101.

IMO the hype starting to show up here is going to cost longs their gains when it doesn't happen.

As an example the PPS move today will vanish without the 43-101 by Friday.
The buying is not a huge amount. It is in anticipation of the 43-101 that people are claiming will be done a few days ago and show up this week.
When it doesn't happen the PPS will return to the .011 or lower because of the let down.
If it does happen the PPS will defiantly jump and most likely it will jump higher than it should.

Either way its great for the traders making the hype and bad for those inclined to chase a PPS or who are afraid of a "missed boat" and "hold for the gold".

GLTA Share holders here deserve a chance to get back their money.