game still on !!!, page-56

Yes tas74t I do agree with your observations.
I was asked the question yesterday by a friend of mine who couldn't understand the selling in GCN ahead of the entitlement date which is yet to be determined.
My answer was, that sometimes when something appears to be too good people shy away from it.
Why would anybody sell 900,000 shares in GCN at this point in time if they truely believed that this mongolian float was going to happen. Why give away 100000 free shares at a minimum of at least 20c per share which amounts to $20,000. The answer is simple, you wouldn't.
People in general are suspicious in nature. Their automatic conclusions are if it sounds to good, be wary there must be a catch to it.
When I bought GCN shares there was no Mongolian situation attached to it. I bought into GCN for other reasons.
The free shares is now an ADDED bonus. I will gladly take them once they are offered to me. Why wouldn't I take them.
Does it change anything about what GCN is doing with it's core business. No It doesn't.
The market is sometimes very hard to understand. If you spent too long analysing every situation you could just about send yourself crazy.
Look at our own market in general. We are supposed to be the lucky country. We have so many natural resources.
We are profiting so much from the mining boom that the Govt decides to introduce a mining tax to fill up their own coffers.
And yet look at the performance of the American market, (which is considered by many to be a basket case) and compare their performance during the past 12 months to ours
and once again you ask yourself WHY???