RE: Back to 0.2 we go...IMO, The share price not staying up there is because of all the short term people in on it who know they have plenty of time to get back in....and all the people who were waiting for this last runup to break even and bail. Will need some pretty killer news to force it past all that resistance and keep it up.
End of june until they start drilling...barring no setbacks. Then drill, send the cores off to the lab....wait.....wait.....wait.......wait.....then updated reserve estimates. plenty of time for the flippers. Even after the these new cores are analyzed and reported on, expect another selloff as people take their profits and wait until there's something else significant coming down the pipe from Goldnev.
Sucks, but that's how it goes sometimes. Until shale oil becomes more recognized as a viable option there is all the time in the world to get in on this one at a cheap level.