GREY:ARGEF - Post by User
Comment by
morriconeon Jun 14, 2010 1:26pm
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Post# 17186525
RE: Good news and SP is going south????
RE: Good news and SP is going south????The good news is fully expected. Everyone "knows" that this is a huge deposit and repetitive drilling results are simply confirming what's already "known". As such drilling results will no longer move this stock. The forthcoming NI 43-101 might attract attention or maybe not for the same reasons - a great ore body is largely already expected/known.
The issues which are important are still swords hanging over our heads: the uncertainty over a process to extract the minerals from the ore (economically!), the uncertainty over customers and markets for the products, the uncertainty over financing for the mine, and of course ultimately a final go ahead on the project. Etc. These are the important kinds of issues with the potential to really move this stock now, not the repetitive drilling results.