RE: Market price Even most Gold juniors with great results are not getting much love, unless it's a Brand New Discovery.
In-fill...step-out...or re-drilling a known find under a different company doesn't cut the mustard anymore.
(LOT-V is a prime example...a "great discovery hole" for a property that had been already drilled before...do you think they knew exactly where to drill the hole? duh)
The only HOT Sector at the moment is Graphite and a few select oil area plays.
Verisante is a longer term hold now, until Major Market moving News. IMHO
Share price & chart are in the vomit zone...which is "usually" the best time to buy for maximum gain if you are thinking longer term hold.
Some nervous-impatient retail selling, as the PP holders continue to sell above the .50 warrant strike price.
Got to be the bottom here...but may take awhile to start moving again.
My major concern is if the PP Brokers have sold -or- are still selling, is there going to be a Broker left that has been"greased" to run the SP...?
And ya, I know this Blows Big Time.
Iron