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big simon

01/29/13 12:14 PM

#3862 RE: Intrepid2 #3861

They are literally sitting on a gold mine with no diesel to run the excavator. I wouldnt want to leave though because when it pops you wont get a better price than now.

Robsct

01/29/13 12:26 PM

#3863 RE: Intrepid2 #3861

It's been 4 months since the Ironridge financing deal and the pps is still in the same range. It seems they are not going to let it drop to sub penny and this is the bottom. Like Simon says, the potential is what is holding it up. The mm's are keeping the shares at two cents and putting the surplus in their own inventory. They believe they can sell those shares for a lot more soon. It's very unusual for mm's to do that. I take it as another sign of good things to come. Accumulation phase! This is all just my opinion.