RE:RE:RE:Better results TheCipster,
That is an interestoing question. The stock price has been a dissapointment. I got into this after the Sprott pp and love the jurisdication, the ownership and adjacent neighbours. A safer play for a junior however without the huge upside potential. The shares outstanding is well over 400M. I am hoping to see the market cap approach its neighbours O3 Mining and Probe.
This is not one of my juniors I pay that much attention to on day to day basis. Hoping their upcoming 43-101 update adds to the number of ounces. Also hoping they get more solid results on their targets. They have 4 rigs. The hole which went down 1KM and resulted in a sharp short term spike in the sp, is too deep at those grades. However if they hit a few more like that, things could change. Pure speculation on my part.
It is hard to predict this one. They could hits some very good holes, however keep in mind the float is 400M + shares and I think I posted before there are a lot of oustanding warrants (maybe 60M at a low price?).
My personal short term target price is $0.35. I woul love to be pleasantly surprised which may happen for sure. Hard to predict. My average cost is $0.11, so not expecting the moon on this one. Probable will see some consolidation in this area in the future.
GLTA