RE:Wow
I do not think this is because of the Q2 earnings report. I saw the BNN clip from yesterday as well as read the SH article on EDV. I get a sense that they are seriously looking at Hounde as the next strategic step for the company. That means another 300+ million CAPEX. I am kind of disappointed as there was no talk about how they will be paying down debt going forward. The market sees financing coming on the horizon if Hounde is going through. I would have much preferred that they made paying down debt their top priority at this time as Gold Price environment is very uncertain in the short - medium term. I hear them talking about more growth and that may unnerve the market a bit.
JMHO.