"If it dosent them im really confused.Noront goes after FWR to join Chrome deposits.Cliffs goes after FWR cause they are in the Chrome business(and want their deposits).Freewest share price goes from .30 to .90 in a minor bidding war over Chrome.Noront comes out with Canadas or North Americas whatever it was first Chrome 43-101 estimating 500 million a year.If we dont move with this,then im lost."
The sp rarely moves until certain entities are ready to see it move. It has precious little to do with an announcement about CR which people still don't understand and for which there is no NA track record to truly indicate how much money can be made. These uncertainties, including the economy, are easily used to moderate interest in Cr. Gold etc. are going to be the sexy attractions. The rise in sp was a natural occurance of a buyout situation and expectation of rising bids. Someone elses want made for value. When it's over there will need to be something offered of easily understandable value for the sp's not to return to lower levels. It would be nice to see a rise in sp and we may, but as I noted yesterday about todays sp, the announcements to date are not inspiring enough to elevate the sp..... but that can change at any time.
