RE:RE:Assays submitted icondor, i doubt it is going to zero but the falling sp is a bit annoying but understandable at this time imo.
There are so many small explorers with discovery news coming out almost every day it seems that investors aren't paying much attention it seems in spite of the high gold price.,
If really spectacular drill results are announced by a small exploration company it still brings in the investors but even that can be iffy.
A lot depends on location and mine access/availability
In that regard some of the exploration areas in the GT are extremely hard to access and get set up with a mine so even though the area as a whole is attractive for good prospects there are certain drawbacks to doing exploration work in that area for sure depending on the topo if the area being explored.
For this reason i am more excited about the Quebec Nelligan Abiti plays at this time... sounds like there is big potential there and drilling will be conducted this dec/jan probably and that area is much more easily developed with existing infrastructure in the vicinity.
The sp is nearing its all time lows and we'll will see if the support level holds. I think it will so i bought some more today.
I know there is risk to any stock but i think there is less risk now than at higher levels.
Maybe i am wrong and the sp will tank!.. who knows? ! But that is what makes it all interesting with these penny stocks