Traderworld will drive the sp over 1,50can$before results. what happens after news i don't know, but i am sure we will hit 1,50 before results. you know why ?
Of course not everyone of them will go for high risk but they (perhaps nobody will take some big risks) but this is a one-time-in-a-century chance or did you find ANYWHERE in the world in the last 15 years a junior-company drilling 1km away from a 13,7mio ounce deposit ? No you didn't.
You can bet that 80% of the daytrader will jump in...even if they are going to buy shares for only 2000 or 3000$...there will be many of them because they know that they can make a lot of money by sitting out the drill results. if we hit they will add more because 10$ will come this year so they will take the risk to loose 1000$...it don't hurts.
And there is the trader-honor-factor. Everybody would be proud to say "yes, i bought ec at 1,50$ before drill results and made tons of money". nobody wants to miss it...would be stupit with all the knowing about the geology and the nice info that drilling depth of hole-5 was extended.
Yes, i know this is no fundamental qualitiv post, but i hope nice to read.