Precious and Base Metal Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Precious and Base Metal Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: LLCF who wrote (36570)	12/8/2005 11:21:53 AM
From: seventh_son	Read Replies (2) of 39344

TGX! I've tried to figure out why the stock has been under pressure when there is no reason fundamentally I can find. So far I have these explanations: 1) Chart followers perhaps dumped it when it began to drift waiting for new news, leading to worse and worse technicals 2) People jumping ship to put money in gold stocks 3) People who bought it as a Bob Moriarty pick jumping to other Bob Moriarty stock picks 4) Tax loss selling 5) No major analysts or institutions following it yet and not enough people willing to have a look at what they have on a fundamental basis. For sure it has been basing in the 30-35 cent area and I absolutely think it can't break 30 cents when it has such significant news to come out with its rubies being cut and graded (rubies far better (Big Red) and with far higher grades (The Tooth) than ones that gave an extremely conservative $311/tonne sample value earlier this year from Siggartartulik). BTW they made the Diamonds.net news yesterday: diamonds.net

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next