RE: RE: RE: Finally Some Buying!!! EOMJust a few points of clarification.
It was 17MM shares that became free trading on Monday from the December
.70 financing, not warrants. There is no doubt we are probably seeing some weakness due to that.
Ghana does not have a rainy season that shuts down operations. Mali does though.
I'm also curious on the 6 weeks for Ghana. I had heard there may be some delays on commencement of drilling but had not heard 6 weeks.
Have to admit I'm disappointed with SP. We were going great after the release of the last drill results and then on Monday the 11th the general markets tank through until Tuesday this week. Very frustrating. We need that steady string of news to generate the kind of sustained buying required to move this thing above a buck. We also need a little bit of market stability so management has confidence they are not wasting news in a crappy general market. The only one of my juniors that had a bit of a bounce this week was CNL but it's still a good 25% off it's high as are most of my others.
Lets hope for some news next week that will get us moving back in the right direction.
GLTA and Happy Easter to those that celebrate it!!