RE:RE:Resistance to Stock Appreciation, Only a matter of time Yes it is up, but not outside of its typical range-bound stock price. The accumulation of positive news in my opinion (think higher production guidance, feasibility study, etc.) coupled with strong fundamentals (cash flows, high grade, low AISC, etc.) and a discounted valuation (esp. on a cash flow mulitple) relative to comparable junior producers warrants a material stock price appreciation outside the range.
Agreed on the many shares outstanding and on the earnings release swing.
GLTA,
MarginofSafety