A lttle cold water in the face is a good thing !
While I'm totally bullish long term on this project.........................I have also reviewed the historical drill intercepts and found that the deposit is not consisting of high grade throughout !
I don't expect every hole to be likehole #1 which ranks amongst the highest in the deposit............some lower grade holes will show up and we don't know when !
With a chart that look somewhat euphoric................I can see a pullback in store to shake the tree .................expectations are high.........with visible gold comments without grade...........sets the market up for dissapointment if grade dissappoints....................
..............the cold water is the fact that this is only historical resource confirmation drilling as we speak.........................in a known deposit size and grade !!!! ......the smart money knows this !
So I am prepared to buy more in the 12 or 13 range if a downdraft occurs..........later, good step out drilling will signal resource expansion and will be what drives this market considerably higher
This is only my opinion, I share to temper unrealistic near term expectations !
I have seen markets burn up on visual gold spec news before..............when grade dissappoints...............time to be careful !!