Silicon Investor (SI) -- The First Internet Community

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 : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: SwampDogg who wrote (16686)	7/20/2006 7:10:09 PM
From: koan	Read Replies (1) \| Respond to of 78410

This was not just any run of the mill 15 feet; 15 feet of $1,454 dollar per ton ore!; and it is what it portends. The market,including I, saw that drill hole as a potential representative sample of what could be there. Almost 2 million shares traded/breakout! Additionally, the 15/16 feet was 20 meters below all old workings. But it was also the huge breakout in volume and a countertrend today being up .05 in a big down market and people not selling the news. Personally, I think this is how you play this game. The speculative implication of this drill hole also puts a floor of sorts on the price. Halting was very appropriate IMO. But this is what makes a market, you sell this news and I buy it-lol. We will soon now who is right. I also like the fact the have 300 tons of milling capacity and are in or will be in small production, so they can mine this ore body soon. UC also has a large land package in Mexico and a couple of small mines.