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Gold/Mining/Energy : Canadian Rocket Red's Picks

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To: Rocket Red who wrote (9060)9/23/2006 11:50:08 AM
From: UPTICK   of 19697
 
Red,
Your'e right on PLE...it's only a big story since the beginning and the management...have a ball.
For myself I am concerned with MMR. The SP kind of made a double top ( I am not a technical guru, but the pattern is reasonably clear...) at 1.20$ or so in the past 2 or 3 weeks, and on both occasions massive selling came in to bring it back down. I am talking about 2 or 3 million shares...
Am I getting the weekend jitters? Do you know where that selling comes from? A true 100 feet at 0.5 oz/ton attracts big money big time...In this case however it doesn't seem to build up normally.
Who has enough shares to sell a couple millions at 1.00$ and leave millions on the table if the next results are good?...nobody. So they probably know the next resuts are so and so, put out that PR to unload as much as they could and we will be left with a 0.65¢ stock waiting for more drillings.
That brings me back to management. Are they serious honest mine developpers ...or going to the ball?
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