RE:Nervous hands selling/booking profits as we wait?"Who's adding at these levels??"
I added more shares this past Friday and have not sold a single share to date. Friday was a risk off day and I thought the start of this week with assays pending would see firmer prices. So far, that has not been the case as WHN demonstrated a little more weakness. Going forward, and with pending assays discounted, the discovery of a second vein/mineralized zone is BIG in my book. IMO, the discovery of a second vein pretty much convinces me that Shovelnose contains an economic deposit. Although most all of us already think this, this second vein pretty much confirms it (for me at least). More importantly, this discovery gives rise to the potential of additional veins/zones of mineralization. That is, Shovelnose very much continues with "blue sky potential" and until such time enough drilling and exploration has been undertaken to render a supported guess as to size and total ounces, who can say with any kind of support that WHN is overvalued and or undervalued?
I'm already looking forward to the next round of drilling. Especially given that WHN has indicated they will test targets generated from the recently completed magnetic surveys. How the market responds to the pending assays and investment shows, I do not know. Should WHN experience some weakness heading into the next round of drills, however, I will be looking to position for some more shares. Longer term, I think we are at the start of another run in PM prices that "hopefully" will more than offset the mistakes I make along the way (ie: like not selling any shares in WHN).
As always, GLTA