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sphindog

08/07/10 8:00 PM

#23952 RE: Bahama Pete #23950

We are all on the same team here, and the DD done by the regulars is invaluable...but I just don't want people to be deceived into thinking that we are doomed to hit .0016 again. Look, they couldn't shake anything out at .0017 last Friday...what on EARTH makes people think they will get any block of shares of size @ .0016?!

Whatever your view of why the company has not released the results yet should not affect your view on how this puppy has been trading in the last weeks. What transpired has already transpired, and you can't change the past. The fact is no sane shareholder is going to sell that low...and if you think that the MM's are going to give you anything substantial at that .0016 price you're crazy! I tried to load up @ .0013 a month ago and got virtually jack-squat! Thankfully I still loaded the truck at .0014 and .0015. So, if you want to play around, tell people to load up at .0019, because that's probably as low as it might go to get anything substantial...and I don't think we will close there. Even then I think you're nuts to try to time it perfectly.

Look folks...I'm trying to protect my investment, that's for sure. No investor likes to hear others predicting his stock is headed for a dip. But honestly, folks...if you're are looking to accumulate, is it really worth the risk to TRY .0018 or lower, when you've got blocks at .002? I don't think so.


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sphindog

08/07/10 9:08 PM

#23967 RE: Bahama Pete #23950

Cannon at a 2 million dollar market cap is ridiculous

The understatement of the year! ;) Seriously, think about it...a company with almost 100% ownership of a gold mine...the wealth of which is increasing virtually day by day, with an IP project spanning 2.2km (1.37 miles!) of surface area! They are constantly finding new anomalies in the area, and who is to say that we are not sitting on more...lots more...gold than once thought!

2.2 million dollars??? Whatever! You are absolutely right...what a joke! And to think that some might hold out to nibble @ .0015! Wow!

Did I mention the IP spans 1.37 miles of surface area? Oh yeah, I did...sorry! ;)