RE: The market is now paying attention Nice uptrend yesterday: +10,7%.
Some ingredients for a first class meal are:
- world class management (eg. Jeff Pontius Ex Exploration manager AngloGold Ashanti)
- very less dilution (maybe mainly/partly over bank credits) planned for begin of production
- good News flow, more drill results, soon a PEA, feasibility study Q1/2013
- good promotion work (eg. Equedia, thedailygold...)
- etc.pp...
So in my opinion downward risk is very limited, nearly only by a hypothetically sharp decreasing Goldprice.
Best Regards, Fred
(PS: I think Equedia will comment the drill results and outlook this sunday)