the comment that this story is not meant for new investors is exactly that. The company has not and does not promote itself to the retail investors. The last time we saw a news magazine, a mining article or Company produced brochure was a long time ago. The website only recently got updated. They do not care about retail investment is the impression I get. Unless of course they are soliciting interest in a possible PP, I would bet the retail investor is not a priority. IMHO
http://www.inspirationmining.com/investors/presentation.html
You say you are a new investor, well how did you hear about ISM and when you did, how did you go about finding information before you invested?
As for what is behind the run up, it's pretty obvious it's the run-up in anticpation of the Micon report coming out as announced last November when they said "mid December. They have since updated us on that possible date and to me it looks like the buying pressure comes from the crowd finally see a completion of the long awaited Micon reports and the SGS Metallurgical study to be released in conjunction with that report. Buy on rumour?
How it runs up is a function of the fine balance between buyers and sellers. Supply and demand. And yes this could be another of many false starts. We won't know till we are looking back in the rear view mirror later........... :) and we either have a report or we don't.
Make note of who is pounding the bids now. As usual they are not on the board or the visible asks....wouldn't want it to get away on us now would we? See the buyer has been active for the last few days.
|
Price |
Size |
Time |
Buy |
Sell |
|
0.79 |
17000 |
14:38:59 |
CIBC World Markets Inc.PO Box 500 161 Bay Street Toronto, ON M5J 2S8 (416) 594-7000
079
|
|
|
0.80 |
3000 |
14:38:59 |
TD Securities Inc.P.O. Box 1, TD Tower 12th Floor, 66 Wellington Street West Toronto, ON M5K 1A2 (416) 982-8222
007
|
|
|
0.82 |
500 |
14:16:13 |
Penson Financial Services Canada Inc.Suite 1100 360 St-Jacques Street West Montreal, QC H2Y 1P5 (514) 841-9665
005
|
CIBC World Markets Inc.PO Box 500 161 Bay Street Toronto, ON M5J 2S8 (416) 594-7000
079
|
|
0.79 |
19000 |
13:33:18 |
CIBC World Markets Inc.PO Box 500 161 Bay Street Toronto, ON M5J 2S8 (416) 594-7000
079
|
|
|
0.79 |
5000 |
13:33:18 |
CIBC World Markets Inc.PO Box 500 161 Bay Street Toronto, ON M5J 2S8 (416) 594-7000
079
|
|
|
0.80 |
1000 |
13:33:18 |
Desjardins Securities Inc.1170 Peel Street Suite 300 Montreal, Quebec H3B 0A9 (514) 987-1749
019
|
|
|
0.80 |
1500 |
13:12:01 |
Penson Financial Services Canada Inc.Suite 1100 360 St-Jacques Street West Montreal, QC H2Y 1P5 (514) 841-9665
005
|
|
|
0.80 |
2500 |
13:12:01 |
Desjardins Securities Inc.1170 Peel Street Suite 300 Montreal, Quebec H3B 0A9 (514) 987-1749
019
|
|
|
0.81 |
500 |
12:49:16 |
ITG Canada Corp.P.O. Box 83, The Exchange Tower Suite 1040 130 King Street West Toronto, ON M5X 1B1 (877) 640-4484
014
|
|
|
0.80 |
6500 |
12:46:11 |
RBC Capital MarketsP.O. Box 50, Royal Bank Plaza, South Tower 200 Bay Street Toronto, ON M5J 2W7 (416) 842-2000
002
|
|