RE: Closing price Bit of a high close considering there was one trade of 1000 shares right at the market close at
.23 but the offers at
.20 -
.21 got taken right out. Great SP movement this week. Up 100%+ from our 52 week low.
Be nice if we could get into the
.25 -
.30 by the end of next week followed by some QE3 and some good news after Labour Day to take us back into the
.40's. Wishful thinking perhaps but possible. Don't forget the fundamentals.
- 1.1 MM oz resource hopefully going to 2 MM oz this fall
- some of the best deposit economics of anything in W. Africa
- slowly improving political situation in Mali
Need some operating capital but lets hope management can pull something off with those Ghana properties to raise some cash and lets hope the Euromess stays under control. Fingers crossed!!
GLTA