Continual Downward Pressure?With gold at record prices WAR is definitely going the wrong way, probably because we have no proven reserves as yet? Until there is improvement in sampling on the property we have nothing of course to move the stock price. The longer this goes on with no news look for increased selling.
At 08.5 cents it may be cheap considering there was a lot of buying above this point. More info from the company may help in the weeks ahead to at least stabilize the price near 0.10? With the oversubscribed financing and a continuing bullish gold market hopefully the downside is minimal and expectations of some interesting results soon. Would have trouble being a seller here, there is still potential for sure.
Wow, any way you look at it, risky is the word........