Golden Hope Mines

Golden Hope Mines Limited is a junior mining company trading on the TSX Venture Exchange under the symbol GNH and on the Pink Sheets in the U.S. under the symbol GOLHF.
BNN Link
about 14 years ago
3
in response to antlizzie's message

"We know they have a PP on their minds and the higher the share price the better for all of us."

So should we think this is just one of those stock phrases...."oversold"? What the heck does that mean? More to the point why is it "oversold"? Well it would serve a cheap PP wouldn't it? And just like other stocks we know well, being held down, once it is brought to a base level, it may just be held there until GNH need has to put out a PP. Sound plausible? It's just a scenario of a possibility, not a given. It would allow those that want further control to acquire cheaply and to keep the sp down incrementally over time. I don't happen to think that majors will allow a junior to grow much before they are taken. It doesn't mean that there won't be opportunity to make money for the nimble, but I'm not sure about longs. I've heard it said by a few that playing long in the market no longer works, at least for the forseeable future. It's just my opinion. Think what works for you.

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Sum4All
City
Rank
Vice President
Activity Points
35922
Rating
Your Rating
Date Joined
09/04/2007
Social Links
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Golden Hope Mines
Symbol
GNH
Exchange
TSX-V
Shares
7,058,899 as of 06/30/2015
Industry
Metals & Minerals
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