RE: I bought 150,000 shares at 75 cents If that drill intercept is confirmed with more results similar to that one.......
.75 cents could be a bargain price! Remember its marketcap is only 55m or so.....certainly not expensive! With 70m shares traded, there must be some sophisticated mutual/hedge fund money in this. Yes it could trade down at the open but I am sure Ventana traded similarily back when it first jumped up dramatically. Patience will pay off handsomely or at least enable you to get out of your original position brak-even or better. Many micro cap Cdn gold companies trade at similar or more expensive marketcaps, and they are very low grade deposits in N. Ontario.