dead money to down over 2-3 monthsAs I said, I have sold off at 5.15 for tiny profit. The financing has created a lot of overhang and the stock will suffer in the short term.
Exactly the same situation in High River Gold and it took 3 months to go past the financing price even with gold jumping 20%.
I am long gold and silver but we may see a small correction before heading higher.
I bet Ill get shares here at the 4.25 level within a month.
Great story and cheap but overhang is a killer.
The conspiracy theorists here are entertaining. Dead money stock for a while IMHO.