RE: so, math is not your aim....*neither is yoursif you use/exploit daily high and daily low, then yes you can come up with 20% plus......
BUT if you look realistically, then based on open (
.255) and at current trades (
.225-0.23) you come up with a number closer to 10%
regardless.....there will be a pull back, but not a tank......if you understand drilling/exploration results there is a pattern......march was a huge jump because it was a new discovery with unknown potential......the latest news releases confirm that there is a discovery, but they don't report new discoveries nor do they report higher values than the ones from march......it's still up markedly from pre-march news (6 month chart), it is still up in the last 3 months, and it has not dropped markedly in the last month, despite what some are misguidedly calling "tanking results".......tanking results would be finding no gold, at all, making march an anomoly......these results are just mediocre results that confirm a previous find, but do not increase its potential
IMHO