GREY:PGDIF - Post by User
Post by
jr_resourceon Jun 20, 2016 9:05pm
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Post# 24982061
More drilling is OLD news
More drilling is OLD newsToday's news = old news
On May 5th the company announced a new expanded inferred resource of over 15 million carats as well as a larger target for further exploration...Think logically about how they would further explore this larger target?
HINT: Drilling
Retail investors got spooked about a possible financing (some possibly due to the bashers on this board) and the stock sold off to $0.165 that day. Now 7 weeks later the stock is at $0.22 or 33% higher.
Over the past month an a half people have obviously been taking positions. John Kaiser has spoken favourably about the May 5th news and loves the deposit. IMO he is one of the best analysts around and has been following the company for many years. Hopefully we get a nice surprise from the PEA.