View Full Version : Bonanza Goldfields Corp
02-28-2012, 12:26 PM
I was checking out one of Fido's recommendations and while searching found these guys with nearly the same name.
Normally, I would just dismiss the pennies, but I happened to notice the recent 10M share volume spike and thought it interesting.
02-28-2012, 12:56 PM
I like 'em, but only because their property is called Tarantula. :bandit:
A one-time volume spike could be anything, an insider exercising options then selling. whatever. A million shares at a penny is only $10,000. Not really a significant chunk of capital in these days.
02-28-2012, 10:18 PM
I was wondering because there wasn't one before that was that significant.
Just guessing, but it's as if someone(s) had foreknowledge of something, or maybe just knowing gold was going to go up...
I think a rising tide floats all boats.
02-28-2012, 10:22 PM
just be careful, GIMers seem to have trouble with boats. I know i picked a few sinkers over the years.
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