The people that bought into the news release of last are just about
gone as we move back to the support of around 15/16 or 7/8. This is where I
thought it would be, when nothing of news came out beyond adding people to the payroll.
I hope it settles out at the previous support or we could be in big trouble.
As I said before, the days going by are not our friend. We NEED some news!!
No news here is bad news. It means no JV, it means no significant gold finds. It would be bad.
On Monday, I spoke to Lionel, and obviously he can only say so much, but
he SAID to me that a press release was "in the works". That is all I know.
It is about time we had some kind of update. If not from the wires, at least Lionel could tell us what has been happening.
We have the right to know!!
It is still encouraging that there even is support. That tells us that some people have
faith in the potential, but that slips away day by day. If the thread is correct on who owns this
stock, then that is good. It is better than nothing.
As far as the website projecting the $10 by end of year. i think their guess
is as good as any of ours. I saw today on Squawkbox, an analyst from the street.com who CNBC
has the utmost respect for, trying to explain how badly he missed the prediction of DOW 9000
by Labor day(the one already past). Noone really knows what investors will do. Knowing
that, I have no faith in who wrote that article. In fact I doubt just about everyone
except maybe Warren B.
We need news, plain and simple. Good news and we go up. Bad news or no news and we start to move lower.
Miller |
