Wednesday, October 31, 2012
today's Calibre Mining pump and dump post
A quiet nearly-tradeless day today aside, me and the boys on Stockhouse have noticed that one steady accumulator of Calibre Mining over the past few days has been PI Financial.
I did some Google searching and found an interview with David Goguen from PI at The Gold Report.
He doesn't mention any interest in Calibre whatsoever, but he has apparently been covering B2Gold for a long time. (Then again I found an older article where he also liked GUY, SUE and XG, so he's not that bright.)
But anyway, B2 is Calibre's JV partner at Primavera, and B2 can easily grab 51% of the JV with a bit more spending, and 65% with the publishing of a PFS. So why would someone with an interest in B2 also be buying CXB? Seems kinda fishy, no? Unless maybe he has a reason to buy CXB? Like maybe he thinks it's going to keep going up?
Anyway... seems we won't get much selling in CXB, except maybe just to the EMA(16) or less. Nobody wants to sell, and this after a rise from 12 cents to (as of now) 26.5 cents.
I like when people have made a double and still don't want to sell.
I'd make such an awesome pumper. Too bad nobody reads my blog.