Wednesday, December 2, 2009
INFORMED & AWARE
are the terms I would apply to the most recent Poll Respondents.
Basically their choice for NEXT BIDDER in the "RING" would be Xstrata.
Of the respondents 74% were either NOT OPPOSED or undecided to holding a MAJOR's shares
In descending order of likliehood, the responders felt that KWG, then SPIDER, then NORONT, to get the NEXT BID.
As to stockholders, about 3/4 of the responders owned FREEWEST & NORONT.
Lots of unverified information flying around today about the "BIG THING", but as
informed and aware as savvy "RING" speculators and investors, the stock that seems to have been playing "Dark Horse" to FREEWEST has been PROBE MINES [PRB.v].
The chart shows Probe's movment and volume quite clearly, and the black dotted line is FREEWEST, and it is CLEAR that Probe is a perfect mimic or proxy for FREEWEST's movements. As a technical analyst, I cant say I know what to exactly make of it, except that for over two weeks, starting from about November 13th.
Even before Nov 13, PROBE has been giving off vibes that "something" is going on with it, and has been on radar probably since it started talking about doing RR in the Northern Ontario.
If you go to Probe's site you see at this link:
http://www.probemines.com/s/McFauld.asp
you get a view of Probe's property position and what is most striking is Probe's JV property with NOT between the FREEWEST Properties of BLACK LABEL, BLACK THOR and BIG DADDY Chrome properties. Reading the descriptions, we find PROBE fully involved in the "RING". That only partially explains the mimic or shadowing of FREEWEST's price. Much as I'd like to know more, I know someone out there knows. They are voting with their dollars. Actually not knowing helps me a lot more, forcing me to
concentrate more on the nuances and squiggles of each measure of each stock.
In this modern arena, venues like blogs provide a free and quick flow of information.
Please feel free to send me articles to publish. Subject to space and content, I can publish articles that relate to "The RING" for everyone's benefit. The address is "denaliguide2@yahoo.com"
Labels:
BLACK THOR,
Business FREEWEST,
KWG Resources,
Noront,
Probe Mines,
Xstrata