RE:RE:FordsterHi, the 52 week low for this stock is .085, this is tax loss silly selling season, the low for this stock pretty much is in. Around the end of December you generally get a Santa Claus Rally. The market for these stocks is quite often a seasonality play. After December, into January and February we will get an uptrend in this market. That is how it has played out for the last 6 years. I will play my position accordingly, to what has happened in the recent past. PDAC always comes along at the very beginning of March. The PDAC curse also has been a seasonality play, in short sell just before PDAC In Toronto. Another seasonality play is sell in May and go away. This usually always works out.
I am not into this stock necessarily for those reasons, I believe Scorpio has the goods, I don't want to go over that again but there is very little downward presshure at this point and if the drill results aren't spectacular all the precious metal stocks will be in an uptrend according to what I just said, so the downside risk is very little but the upside is very promising,if you play it according to the recent past history.