GOA 0.00% 0.2¢ gold anomaly limited

large buying now - volume triple highest ever, page-22

  1. 271 Posts.
    Ipod, your comments are very interesting, I was thinking the same thing.

    I bought in on the open today, and held till 7.7c and I still hold at the close. Why didn't I sell, because I think this share has a long way to go in terms of potential.

    When it was trading around the 7c mark I wanted to buy another parcel of shares. But there was just no volume on the sell side, I just couldn't buy the parcel of shares I wanted to. Then all of a sudden it started falling.

    I almost panicked and sold when it broke 6c, but I am quite happy that I held my nerve.

    I truly believe like you that this was being manipulated downward, for people to buy in larger portions, thinking tha a rapid fall in the price would bring panic selling, allowing potential larger buyers to get the parcel of shares they want in this stock. I mean there are probably many people who would like to buy 1 million shares in this share, but couldnt because of the lack of volume. I can't proove this, but when I saw your post I was impressed you saw things in a similar way.

    Anyway, to all those who bought in above 7c, IMHO you shouldn't worry, the potential of the share is great I believe. I spoke to the Chairman this afternoon, and he said they will continue to search for more veins over the coming weeks, and it appears likely they will find much more. So we could see further anouncements within days. He also told me they are expecting to start production within the next 2-3 months. Can you imagine what this means. There are so many other companies, with 5 times the market cap of GOA, that are not even near this.

    Actually I lived in Brazil for a few years, so I know what potential there is there. I followed a lot of mining stocks on the bovespa for quite a few years, and now returning to Sydney have started to trade on the ASX again. Brazil is one of the most blessed countries when it comes to natural resources and it has huge undiscovered natural resources there. Credit must go to GOA for exploring there, I think many other companies would be wise to follow.

    Hold on those who bought today at above 7c, I don't know what will happen tomorrow or in the next few days. But IMHO and based on my research, there are endless possibilities of how high this stock could go.

    I will be looking to get some more tomorrow!!!

    Good luck to all holders

 
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