RE: Sellers drying upThe overall markets don't seem to be buying in to the rise of the gold and silver prices. The producers and explorers are lagging right now, but you have to figure that with a lot of people sitting nervously on the sidelines waiting for a correction to get into stocks like ours for cheaper, there may come a point where all hell breaks loose. No doubt that people have money they want to deploy and if bullion keeps surging ahead, all those waiting for a deal may be forced to just jump in with both feet in fear of being left behind. A solid couple of days of buying could send MFM much higher.
Of course the San Roque drill results are getting closer, but I'm also very excited to hear what Hite plans to do with the money we're raising. He simply told me that; 'we've got big plans for the money, that's all I can say'.
Lots of news on lots of fronts on the way. Hopefully the financing will close next week or shortly thereafter and we'll have lift-off. Saccharum should be forced to speak up in a week's time as well. The clock is ticking...