wow, so much talking here for nothing. this is what i feel and you guys I am sure will have your own thoughts. 1. poor ann - nothing/little substance. 2. hundreds of samples taken ...reported on 3-4 samples.. proves that there is nothing in the other samples. 3. lateness in annoucement should have triggered question marks in ones mind. i have been saying this all along before the ann - if the ann is awaited and is late then questions should be asked. I am not doing a " i told you so" here but 95% of times delays in ann = rubbish our..unfortunately the case for MKY. 4. people kept saying 20 cents even 50 cents pre ann...what happened..many posters bought in. volume except for yday was absolute proof that the rise in SP was worth = 0. Volume was the key and only yesterday was a good volume day ( pre ann that is ) and post ann was sold down for obvious reasons. 5. I can not believe after the ann was out..some people had posts on HC saying " going 10 cents " - gosh...guys AB earlier announced results of 85 lb/t and yday it was 2.5lb /t....thats 1/34 th of the bonanza results. you expect that the results will take this to 10 cents ? 6. for those who bought over last two days from 6 cents to 7.5 cents....who sold ? people with greed sold. may be the guys who gave 2.8m to AB for 55m shares sold ? ....... 7. from here- some HC guys and other non HC members will take this share a bit higher..may be it will open red...will bounce back...and then tank again...why ? where is the drilling? where is a good ann ? no where.....so next 4 months no action on this one. 8. AVERAGING down - never encourage that. just means more capital stuck in one share..go buy others that can offset this loss.
I am not ramping nor down ramping...but many here doubted when I said 2-4 days ago...that lateness is questionable. I even said AB would ahve known straight away from the samples if they were any good. the fact that they were recd and were consulting geos means nothing good to ann..or atleast nothing as good as the bonanza results .......else they would ahve called for a TH... simple as taht..
sorry guys...but people who bought in over 6 cents in the short term will have to forget MKY.....then again I have been wrong before but the chart looks pathetic.....
MKY Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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