GOA gold anomaly limited

re: Ann: COPPER GOLD PORPHYRY ZONE FURTHER IN... SPP closes this...

  1. asf
    9,887 Posts.
    re: Ann: COPPER GOLD PORPHYRY ZONE FURTHER IN... SPP closes this Monday. Options just got sold @ the end of the day and are now back to .001. I am hoping that some holders (not you all, necessarily- but maybe some insto's that are in) will contribute to the SPP even though the value now is 1.9c, including options. Let's face it- the foot has been on the jugular of this share for some time now. Even when the 1.9c buying column flew up yesterday, it was sold down immediately.

    I own another share- CNN- and the SPP was supported even though there was no particular value in doing so- but there were free options there, too. The share price also had- and has- the foot on the jugular (another Pato's underwriting). The company brought out no news. The point is that the SPP was still supported, and we can hope GOA gets *some* support here, too. Either that or if the price is reduced, the option strike price gets reduced, too, in line (I hold options).

    The thing about GOA is it is what it is- as the MD has said- a low grade, but large resource. We are really working on potential at the moment, because the NEV's have gone in line with some of the other NEV's.

    As with CNN (not cross-promoting that one- it has barely crossed the line in terms of funding, and Pato's not decided whether to underwrite the short-fall), I wish for the GOA raising to be completed- one way or the other, because there is very little opportunity to have a "natural" buy/sell demand/supply with the jugular being pressed so hard. (AMX also has a foot on the jugular- SPP $1.30, and current SP = $1.135- POG is down, sure, but there is no oxygen for AMX to breathe).

    I get the feeling- just by looking at the trading of GOA- that the market would like to see the SP rise in line with that GOA used to be- or similar. The options still have a few months to go, and there are *possibilities* for GOA- but not whilst this SPP is around.
 
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