Thursday, November 12, 2009
Well it is seen to be potential for mischief here, seeming as if the old "switcheroo" of INFLATION Vs DEFLATION,is about to be trotted out and shown to us, like the "BogeyMAN". Everyone be scared now, long enuf to to sell LOW, and then again Buy HIGH. Kinda like how GS and LB make those fantastic profits. DIDNT ya wonder?
Now what are the TV, Media and Financial Guru's and Talking Heads carpet bombing us with? HMM might they be a great series of contrary indicators? I for one am skeptical, and follow what THE Market is actually saying, rather than what others tell me it is saying. I would then say, that the graphic's show the de-acceleration in the breadth underpinning of the current market. I dont know how MR. NASTY is going to break, and I dont know if it will crash. I know that it will fluctuate enough to scare the pants off most of usIF WE LET THAT + THE HEADLINES FREAK US OUT, which would be the desired effect, as we are panic into SELLING LOW and BUYING HIGH, u n l e s s you know better
Now that you know better, stay tuned.
FREEWEST RESOURCES CANADA INC.
Chat with Mac 11/19/09
Plus recap and new info
This Week FREEWEST stock maintained its 30% market premium over NOT's all stock offer.
This week I had chat with Mac and kept it very short, with only a few questions. He was clear annoyed by the ongoing smoke and mirrors, maintaining his poise and assured manner. He never gave me a hint that of the potential negotiations, and I made sure I did not ask any prying or leading questions.
The chart expresses it best, as the consolidation appears, potentially halfway up a move.
You can do the math on that.
Bottom line here, is that FREEWEST never stopped doing what it does best, creating stockholder value, despite the distractions todate. I think this announcement about non-binding negotiations will
calm things down a bit, as FREEWEST works towards another “Preciptating Event”, the compiling and publishing of NI 43-101 Compliant mineral discovery and reserve data.
Right now I am watching and comparing share prices,capitalization, RoF position on SPQ, KWG, & FNC, as to see what might be created from any number of combinations and permutations of these companies plus FREEWEST, potentially ending up with a Supra-Chrome Company in the RING.
Thats a hunch I am working on.