RE: Profit Taking?jewel1 that is the magic question.
Like the large orders that have crossed. Maybe they will be shares out of circulation for some time. They may represent people taking a long term view of this play. Or maybe not. Maybe a house position to facilitate an order for a client. Too many variables to guess at this. How long before the next NR with some assay results and hard numbers. Tomorrow or next week, the week after. To answer your question $3 would be nice but unlikely unless there is negative news. Target is $6 and I'm holding for now. If you want to play the pennies then you just pick a spot and play it up and down. If you get caught out a few thousand shares then you simply move on. Many ways to play this and no one has all the answers. In the big scheme of things 5 mil shares is not a terribly large volume. I would be very careful and make sure to keep a few shares set aside and play with the rest.
Good Luck!
JMHO
A