RE: RE: Good news on buyersI could see $3.00 dollars by the end of the week if we get anything positive in the way of assays, if not sooner.
Never forget to discount the sell-on-news effect. It happens almost as surely as the sun rises. We will likely not see $3 with a positive NR, but part of this run-up is almost certainly due to anticipation of news. Whether pre-news speculation takes us up to $3 or not is impossible to predict, but I don't see a spike upward upon the actual release of news unless the news is something truly spectacular.
That being said, I won't be trading on news... I'll ride out the spikes and hold my position.