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  1. #11
    Legend
    Join Date
    Jun 2009
    Location
    CNI area NZ
    Posts
    5,958

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    Cheers VT. On the TSX, a small price drop to 31c, but higher volume there too, we'll see what it finishes up at. Still plenty of bids, not many offers.

    Stockhouse reports that GEL is running some advertising on BNN, to the huge Canadian goldies market. BNN is their only full business news channel. Around mid-morning our time, after the close of trading, Brent Cook is sheduled to give his top picks for the week, on BNN. He still shows Glass Earth as a top pick/buy on a website, so unless anything major has changed, this should help the share price within a day or two.

    Current pointer to the show: needs broadband. http://www.bnn.ca/Shows/Market-Call-Tonight.aspx

    I've just had a look with better broadband: the Part 2 section covers Glass Earth from a fielded question.

    Brent Cook likes (and owns) GEL, and has been out to NZ on a visit 2 weeks ago. He expects the Newmont drilling at the large system WKP will be aiming to show more continuity in the gold strikes. He mentioned the deep-pocketed partner, which should be JV holder Newmont, regarding a possible takeover. Of course ACC and Geoff Louden are large GEL shareholders. Placer profits were mentioned again as a way of covering most costs and reducing any dilution effect. Sounds like Dr Youngson's consultancy was being used to differentiate alluvial gold from hard-rock gold.

    Previous to this, two other junior explorers (Perseus and Baja) were covered, not so positively.
    Last edited by elZorro; 03-05-2012 at 09:26 PM.

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