Alberto and Rogue:
In my opinion the current price is a reflection of no news or no interest in the stock. I follow allot of juniors on the Canadian exchanges, some do not trade for days. How many stocks have you seen that were flat lined for a year +, then major news comes out and it sky rockets.
If and when Sungold comes out with "Major News" I believe you will see the stock rise. The recent volume is very low so it tells me the believers are holding.
AS for the shorts, I really don't care if there is a short squeeze. I don't care if they covered or didn't. This stock will shoot up on "major" good news. When are we going to see news, I don't know.
You may remember me saying I believe these projects will take longer that stated. Have you ever applied for a building permit? Did you get it the same day? I know people who are constructing a new building for their business, they are moving and needed to expand, they waited 8 months for a permit. That was just a 10,000 sq foot building, not a major casino project. DO you get the point I am making?
After saying this you may think I am negative on Sungold. Well I am not. I am positive on the company and feel they have a good chance to bring at least one project to completion. When I make any decision, I check out both sides of the story, and then make a decision. I am no expert, I am not good at sugar coating my opinions, sometimes my opinions may turn people off, but , I call it the way I see it.
Everyone has to do their OWN due diligence, then make your investment decision YOURSELF (either buy, hold or sell).
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