RE:RE:Where do we go from here????
Gold price is dropping so all gold stocks are dropping plus it is the season. Just go back the past 10 years and look at the gold miners, the summer is generally low volume which means low everything, the gold stocks generally start to pick up Aug/Sept.
This thing is going to go, they are fully funded, they are set to list in New York, they are drilling and the drill bit keeps on coming up with more gold.
Also the share structure is very tight so no large investor is going to get spooked and dump their holdings, if anyone ie. Barrick or Newmont wants to take this company out they will have to pay a serious premium.
I think the min is about CND 4.50 before anyone starts to seriously think about selling and CND 8 to 10 bucks is possible if the drill comes up really hot or gold starts to move.