RE:RE:4 month high at .25.................BREAK out point !I agree Sixbot............taking out the 27's as we speak..............we were lagging in low twenties as the financing was being done................have seen this many times...................as some sell free trading to take the placement....................at 24 cents with a tax advantage......................
Very serious up take on the financing and once approved by the exchange the brokers are now stepping in and taking positions for the field season.................
As some perspective......................it was not that long ago that a little junior optioned the old Fenalon mine ...a brown fields project as well............yes, Wallbridge......WM.V........... trading at pennies like Scottie
When they started stepping out.........and pulling grades like Scottie did last fall..........73 gms au and 71 gms ag over 5 meters +........................the institutions came in hard and fast.............WM hit 1.35 last week !
I see a similar replay potential here ..............the geology extends 2 kms to the west towards the Domino outcrop......................... a few holes along the trend to confirm and off we go !