RE: Over 3 months since last assays ....... I'm sure some of the dead-from-the-neck-up types I have on 'ignore' have plenty to blather on about regarding your comment State. Fact is......drill results can be held back from the market for any number of reasons. Mgnt might be credited in the near future having waited for a healthier market to release results into. But herein lies the art in speculation.
There's two tools I have to cut through the useless commentary on this board: the 'ignore' function......and TA.
Looking at the daily chart, the MACD is starting to cross over on the downside. But the Accum/Distribution line continues to flatline in the upper range, which is bullish. It can be argued that the MACD, RSI and Acc/Dist all show a positive divergence (price making a lower low while the oscillator makes a higher low)......also bullish.