TSXV:AAA.P - Post by User
Comment by
Kantenahon Aug 26, 2010 3:33pm
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Post# 17387118
RE: Why will hole 4 be any different?
RE: Why will hole 4 be any different?
There may be one other significant difference. To date, there has been an excellent opportunity to swing trade in between drill results.
However, with the second rig onsite, we won't have to wait very long before we get more drill results after Hole #4 (unlike the longer wait between the last few holes). This compressed timeline may make swing trading significantly more tricky. If you sell after the Hole #4 news and more drill results (holes 5 & 6) are released quickly, you may not get the opportunity to buy in at cheaper prices.
I can't say for sure, but I don't think that I will be doing any short-term trades following Hole #4 results.
All IMHO - I welcome other opinions on this subject.
-K