RE: RE: Hello Boyzz I'm a long term holder but am one of those people who sold as that was my strategy from the start. I always planned to sell into drilling and keep a small position for results, then make a decision after ES is announced. I started selling at $1.47 all the way down to $1.25....then bought back a small position at $1.08 and sold again as I saw this heading under $1. I'm now waiting for another entry point for ES results.
I think we could see 80cents before results are announced...I personally don't think the current SP has anything to do with what they have or have not found at ES. Drilling delays and equipment issues are a major cause for SP corrections. I've experienced this many times before. Perhaps it makes little to no sense, but that's the game.
Planning for the worst, hoping for the best. GLTA