GMX 0.00% 22.5¢ goldminex resources limited

hello downside if you are around, page-19

  1. 1,022 Posts.
    Well, it all gets down to results, and thats about it. Doesnt really matter who is selling, who is buying, nor does theslight fluctuations in share price due to lack of volume....Case in example, I was reading the early morning price sensative announcements last week, as I do every morning, and came across HAO. (Not cross promoting!!!)
    A fantastic annoucement, and I had never heard of the company prior. I flicked over to the watch screen, and the buy side was minimal, maybe buyers for 350,000 shares. The sell side had about 380,000 shares, and last traded at 10c. If i remember rightly she opened at about 14c, and it was as slow as watching paint dry. No buyers stepping up to the mark, no crazy flurry, no one seemed to care. Sells were in at 15c, 17c, 18c, and no one really stepped up to the plate so to speak. Minimal volume and interest. But once the announcement had been viewed, read and absorbed, well whoa, the last couple of days, volume of 1.5 million, through to 4 odd million, and yesterday she flew from 18.5 to a high of 42c. So, in saying that, all of what we are seeing here now is really of no concerns whatsoever. We have the probability of a great recource, assays still pending, and a ripe and underexplored ground. We have a great tennement, and we have cash in the bank. So now, fingers crossed when the results come out, they are gobsmaking, and then, its a blue sky opportunity. Debating the pro's and cons is fine, but we are purely talking for talkings sake...The results will talk for themselves, and the share price will reflect the announcement. We have as much chance as anybody at this stage of a four, five, 10 or 20 bagger. Thats why at this entry level, Ill give it a go, and increase my holdings as funds permit. I would rather at this stage of the game have GMX in my portfolio than be without. No chart, no fundementalist, no tea leave reader can advise me what is in the ground, and what recource we may have. At this point, as always, everything is conjecture. The results will speak for themselves and dictate our future.
 
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Currently unlisted public company.

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