As I said...So the stock is still holding up well but it did fail to break through the old high. As I saw the stock would be in a trading range. Volume is shrinking and the gold spot price is not helping. Investors should be very careful here. With the volume shrinking and the inter day prices swinging like they have you could see the price fall back to the $1.24-$1.27 level. If stops are taken out you could have a 1-2 day drop fast.
This is what I am waiting for. If it happens then I am going to start buying again.
The future for the company does like good but it still has many obstacles to over come. The permits....building and finishing on time and budget....how they pay for everything...not just talking about but see papers signed....and of course the drilling which costs money as well.
Be careful and watch that volume.
Regards