RE: RE: RE: RE: RE: It's down over 30% from JanuarThey're drilling now, with potential (partial) drill results due sometime in late February. I think the combination of the general weakness in junior gold stocks plus the over 4 million shares that became free trading on Monday has created an exceptional entry point - this is like a Boxing Day sale all over again.
I can't see this trading much lower than here unless, of course, gold completely tanks, which I don't think is going to happen.
I for one, am increasing my position right now.
We'll see who's right and who's wrong by Feb/March. I have huge confidence in the property and the management team and even if Nueva California doesn't pan out, these guys will continue to acquire exceptional properties until they hit. But obviously, I do think Nueva California will be a success.
GLTA