RE: PRICE TARGETNational really went out on a limb on that target.
I think CIBC still has them around $18.00
Today looked like some covering.
About 900,000 shares were block trades throughout the day. Jennings to Jennings or Clarus to Clarus.
Once the lurkers see that the shorts are on their way out they will start buying again.
At $1500 gold producers like SMF will be quite attractive to one of the bigs looking to replace resources. More so if thay have the kind of property that Mana sits on. Might get the takeover premium back which should be a couple of bucks for sure. Next three months should be interesting.
Wes