Let's all play WHY ARE WE TANKING
Please choose one of the following or add your own:
1. Skakeout by canaccord. Unlikely. It may be possible that
canaccord has heard some good news and will be buying up cheap
shares next week. Or, because they and their clients hold a
substantial position, maybe somone couldn't wait any longer and
had to cover a margin.
2. Canaccord sprinting for the hills. More probable. As Robert noted,
canaccord was suspiciously silent regarding the last news release.
As of today, the geology is confusing(see Robert's post), the deposit
is there but small(uneconomic?), IR has not answered the question
we are all waiting on(Keith's), and it would appear that their support
of GHE has now dissappeared. Do they know something we don't
and are they now getting their clients out?
3. Month end selling. Unlikely. I think we would be through the worst
of it by now but we are still seeing daily erosion.
4. Smart/inside money is leaving. Possible. In other words, they
know something we don't.
Off topic to Robert,
Should have listened to my gut last night on SHF. Something is
definately up! Will surf over and check it out.
Sorry guys, I'm putting in my stop loss tomorrow @ .60. If I get
whipped out, I will check back sometime.
Regards, Hugh |
