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 Network Exploration: Need Some Counsel

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jvj



Number of posts : 153
Registration date : 2009-03-12

PostSubject: Network Exploration: Need Some Counsel   Thu Aug 27, 2009 12:14 pm

Shares Outstanding 57,550,222
Fully Diluted 99,725,472

6.5 cents/ share.

Developing the Caldera project in Chile and drilling on the White Gold prospect near the Underworld Resources strike.

About 20 million shares have been traded in a week on shares that are lucky to trade 100,000 in a day. There is a PP for 7.5 million shares at a nickel. Is it shortselling or is it tree shaking for gaining a horde of shares. Mike Perra issued an alert on it.

http://seekingalpha.com/instablog/444928-mike-perras/24129-canadian-stock-alerts-network-exploration-limited


I seek safe harbor. This is not a recommendation. Do your research before plunging in. I disclaim any liability.
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jvj



Number of posts : 153
Registration date : 2009-03-12

PostSubject: Re: Network Exploration: Need Some Counsel   Thu Aug 27, 2009 9:00 pm

The prospects are good, but the huge volume means it was a pump and dump. Investors at under 4 cents a share are selling in mass in response to a huge demand for shares from people who got pm's, and so on to look at Mike Perrea's stock alert blogue on Seeking Alpha. It would be best to wait for the smoke to clear before buying more shares. I feel stupid not seeing it right off. There was a similar run up in Premium Exploration. Many new buyers ended up under water almost instantaneously at 20% discounts to entry prices when it ran up to 50 cents. Tired of this crap.
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studbkr



Number of posts : 902
Registration date : 2007-05-24

PostSubject: Re: Network Exploration: Need Some Counsel   Sun Aug 30, 2009 8:53 pm

It's hard not to run with the herd sometimes. eh?

If you're slow off the starting block, the bulls of Pamplona will give you something to remember!
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jvj



Number of posts : 153
Registration date : 2009-03-12

PostSubject: Re: Network Exploration: Need Some Counsel   Wed Sep 02, 2009 1:19 pm

That almost sounds like Death in the Afternoon.
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jvj



Number of posts : 153
Registration date : 2009-03-12

PostSubject: Re: Network Exploration: Need Some Counsel   Wed Sep 16, 2009 2:48 am

http://www.rockbottomreport.com/?p=255

BOTTOM LINE: Three years in the making, we are heading into a very exciting time for NET. Anyone positioning here should be in for a good run in the coming weeks as the company moves the Caldera project forward.


Perhaps these shares may be unaffected by this pumping good review. Then again it may be a matter of a few hours of indifferent trading before some large buyers plunge in. Buy before the spike or buy after the spike. Don't buy at the spike.
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