Just remember, for everyone sold there has been a buyer. I'm down a huge amount of money, but do you really think that when this SP starts to go back up there will be a massive amount of people running for the exit? I don't.
I honestly don't think most people do real indepth studies of other jr explorco's and their total packages relating to what they are trying to prove up. Unfortunately this is a slow process, especially when only 1 drill is operating. GNH have enough money to operate for the year by being smart with it. The SP has been beaten for various reasons and unfortunately when one looks at the technicals it looks yuck. If one looks at only the fundamentals of GNH and ignores the SP, it is a totally different story and looks yummy!
Who is selling, who knows? Probably guys just like you, some actually probably bought under this price last year.
Hopefully, when the winter drilling is ready to be published and if there are some very interesting intersections reporting, I am requesting Management to put a "HALT" on the stock for a day so that "EVERYBODY" can digest the information. That way those that might have sell orders booked and don't have access to the daily flows might just lift that sell off the market and maybe we would open after the "HALT" way way way up there!
I've seen many have success using the "HALT" as it gets "EVERYBODIES" attention!
Skier
