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miggi

09/03/12 11:30 AM

#97287 RE: RoboTrader #97285

Well, he does have a point. Even of THEY can't get the gold out be due to "incompetence", someone can. So the resources they have possess a value greater than the current PPS.

I Also think the VC's are doubling down with dump and short sale guaranteeing a cheaper cover price and greater profits. JMHO. If that's the case, this will bounce back fast when all dumping is done.
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Kurupt

09/03/12 1:16 PM

#97294 RE: RoboTrader #97285

If i were you i would go back and read the 43-101 technical report NRG filed to get the exact numbers.

For the other properties still in exploration phase, iam just like you, i have no clue unless i see something in the form 43-101 report. Not going to do all the homework here. Looking forward to hearing for an update on 1 of these exploration phase areas in the form of a 43-101.

Either way the market works off supply and demand, currently there is a demand for gold whether it be in the ground or flowing down the screening chain. If nothing catastrophic hit the company, we should start rounding bottom and heading north sometime soon in the coming week or so.

VOLUME is a sure tell sign that obviously something big is happening behind the scenes. Looking forward for the coming weeks.