RE:A few take-aways from todays news.... An excellent summation Jefe. I bought a few extra shares for trading purposes today Nov 14. I already have what I consider a full position in this stock in my portfolio in fact a double position but after reading your latest post I almost wish I had bought even more.
I'm sure ES will also be pleased with the ongoing successes and will probably note that tomorrow.
Once we start receiving assays for these abundant visible gold intercepts below the already good drill holes already assayed there may be some further big moves to the upside. I'm sure the possibilities of a major new orebody have not gone unnoticed by institutions looking for a junior gold investment with fantastic upside in a period when normal stock market gains are likely to be topping out after a 10 year run.
This stock is one of the most exciting newer discoveries I've ever owned shares in. I owned shares in American Bonanza years ago when they owned this property but later sold it to Balmoral I bet both of those companies wish they still had it now.
As you pointed out it seems they find gold almost wherever they drill on this property. If the Tobassco Zone actually extends 100 meters down and widens with grades similar to what was recently found we may see a veritable gold rush here and we all know what that means to the share price and that is just the beginning for this orebody.
Like some others here I intend to stick with this stock until it starts full scale mining or more likely gets bought out. I was joking about selling ½ --- no way-- I'd rather hold and take a loss than miss out on what this might become, the odds of upside gains are too great and too promising to forego.