VentureTrader and gold_, House 9 (BMO) killed this stock in Sept/2012.

It was a relentless month long dump that was obviously very painful on the share price at that time.

They sold around 1.6 million shares at an average of .79 cents.

I may not be a geologist or a hedge fund manager BUT no one has to apprise me of the fact that this stock is cheap relative to it's intrinsic value.

The only unknown that I'm seeing is the timeframe for a junior resource rebound.

 

 

Date Bought $Val Ave Sold $Val Ave Net Position $Net $Position
20120904 15,000 11,460 0.764 6,500 4,940 0.76 8,500 8,500 -6,520 -6,520
20120905 14,298 10,361 0.725 0   14,298 22,798 -10,361 -16,881
20120906 17,590 12,840 0.73 44,852 32,736 0.73 -27,262 -4,464 19,896 3,015
20120907 8,780 7,193 0.819 199,000 163,180 0.82 -190,220 -194,684 155,987 159,002
20120910 8,000 6,400 0.80 500 390 0.78 7,500 -187,184 -6,010 152,992
20120912 0   300 234 0.78 -300 -187,484 234 153,226
20120913 3,500 2,820 0.806 539,000 434,930 0.807 -535,500 -722,984 432,110 585,336
20120914 16,650 13,105 0.787 0   16,650 -706,334 -13,105 572,231
20120917 0   23,000 18,040 0.784 -23,000 -729,334 18,040 590,271
20120918 10,200 8,568 0.84 3,614 2,835 0.784 6,586 -722,748 -5,733 584,538
20120919 51,200 40,448 0.79 275,000 220,230 0.801 -223,800 -946,548 179,782 764,320
20120920 6,000 4,860 0.81 2,100 1,696 0.808 3,900 -942,648 -3,164 761,156
20120921 47,980 41,944 0.874 41,613 35,279 0.848 6,367 -936,281 -6,665 754,491
20120924 100 87 0.87 2,000 1,680 0.84 -1,900 -938,181 1,593 756,084
20120925 0   4,000 3,340 0.835 -4,000 -942,181 3,340 759,424
20120926 6,300 4,964 0.788 120,350 96,139 0.799 -114,050 -1,056,231 91,175 850,599
20120927 14,500 10,860 0.749 383,000 277,411 0.724 -368,500 -1,424,731 266,551 1,117,150
20120928 7,000 4,870 0.696 2,000 1,400 0.70 5,000 -1,419,731 -3,470 1,113,680
TOTAL 227,098 180,780 0.796 1,646,829 1,294,460 0.786   -1,419,731   1,113,680