HARLEY 2, There's going to be lots of news coming in this month and early november. Glenhaven Resources (GNN) traded heavy volume today
(1374400), the price ended at $0.74 +0.06 up 10%. Glenhaven res(formerly Federal Energy) has an option to earn an initial 50% interest in the Taiga project, Yukon territory by fulfilling certain $$$ agreement to Blackstone and Major General. Blackstone already has a huge land position in the Yukon totaling more than 4000 hectares. Shareholders are expecting results from the Taiga project, drill program in the next two weeks. A rich nickel reserve is possible.
Today's action is basically digesting the rapid gains from the past few days. Some investors is satisfied by catching a rock bass, but the high roller is still in for the big one, the Northern Pike. If you check the trading in the last couple of days, you'll noticed there's a lot of big block trade from a few brokerage firms. So far, they're still in and that's a good indication of better things to come. The results from the mexican properties is drawing closer and closer that means more money will flood in once the price starts to stabilize. A good entry point will most likely be tomorrow based on today's buying and selling. I tell you one thing, if the soil and rock samples from the mexico properties shows high gold particles or contains things like small gold nugget and etc..you'll see bzz SOAR to unbelieveble prices in a matter of few hours. What it comes down to is how management will write up the news report, a good report will send bzz soaring to new height($4.00+), a negative one will send the stock into a tailspin and probably end up around $1.15 (Nevada,Mexico,Yukon) |
