Overhead pressure Although the news was good I see the potential for a greater risk than reward at these prices now that the hype is over and the daytraders have left. There will be warrant pressure this month as well as the four month hold period expires. Then you have shareholders in on the cheap making sure profits are locked in. The other risk factor to be aware of is proceeding drill results. If they don't meet or exceed the first batch then the sellers will be many.
There are better less risk plays IMO, at these levels anyway.