Golden Raven Resources Ltd (GVN) Message Board

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Gold/Mining/Energy : Golden Raven Resources Ltd (GVN)

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To: ZEUS who wrote (2810)	12/11/1997 11:49:00 PM
From: R.A.K.	Read Replies (1) of 3155

Zeus, I've been following CYJ for a while and have not taken a position in it as of yet. But if what your saying has any merit then I'm sure will see this thing drift lower and then the bids will come in and start to eat up all that's out there, would you not agree. One thing is sure and that is insiders love to get in as cheap as they can then they'll start to sell usually midway through the run...at least that's what I've seem to notice. If you have the house postions for the last 3 months or more then we would be able to see if there is any accumilation taking place. I don't know what indicators your using but I like to look at the market depth and volume and so far it's not showing much. Don't get me wrong I agree with you that this play is overdue and should have a run sometime in the new year but I fell that the action will take place within a 3-7 day span. Within that time is when the real money will be made and if we're not quick enough we'll end up holding expensive and worthless paper for probably another year. The key I beleive is to keep an eye on the volume it will tell the story. These are just MHO. Comments? Regards, RAK

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