GREY:OLEPF - Post by User
Comment by
imurhuckleberryon Dec 22, 2009 2:04pm
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Post# 16611354
RE: RE: RE: RE: RE: reply to:UPCOMING DRILL RESULT
RE: RE: RE: RE: RE: reply to:UPCOMING DRILL RESULTIn this "gold bull market," any news at all is good news. After the news release look for the share price to to add 10%-15% and a volume increase come the later part of January. That should get the sp moving some as well. We'll most likely have to dilute again, as it's evident the management is going to let the resources speak for themselves. Hopefully, by then the sp will be $1.25+, which would make the dilution less painful. I half-heartedly agree, as another 6-12 months isn't much compared to the last 60 months I've been waiting. I'd rather them get it right than settle and the next co have all the upside. Once the updated prefeas is out, look for a bid war. Let's face it, we have a lot of ounces, a lot of prospect and upside, but a terrible marketing plan. Maybe the new decade will bring more than memorable for us all. Until then, Merry Christmas!