Post placement buyingMarket sources tell me that several large institutions were cut back substantially on their subscriptions and will have to do some serious buying in the market now. They cannot afford to wait as there is a bunch of news pending. First and formeost the drilling results from Granduc. Other posters have mentioned that there seem to be some real good intercepts, which makes sense when looking at the strength in the share price. Secondly, we should get very positive numbers from the Elmtree gold project's feasibility out soon. With gold at $1,340 this will generate a lot of cash-flow, which has been totally ignored by the market so far.