RE:Observations / Comments On Today's "Operational Update" PR Regarding item 3....
No one knows how SP will react. Even with a smashing report the bump up could be less than what some think. The key words are "could be". No one knows. One thing I do know is that if it's up 20% or 2-3x I'm not selling one of my 652k shares. I don't care what short term SP is. I know what it could very well be in a year or 18 months. I highly doubt a JV will be announced with the DFS. But I'm very confident one is coming. I don't know the full financing plan by Troilus, but I'm sure there is a loose one already in place. I'm not sure when this makes me multiples of my investment, but I'm darn sure that's coming as well. Timing this play is a fools game. Once I believed in the resource/team I spent the time to understand the SP and buying opportunities. I hold a .36 USD average. By doing so it's how I derisked the play. In the end my chances of losing part or all of my investment at this MC, with this resource & in this soon to be flourishing gold macro is near zero.
So you're right. There are no gaurantees this goes parabolic after any single catalyst. There are no gaurantees that it will not either. This is why you buy at the right price and hold a quality play. Movement will happen when least expected & it will be hard to jump on a moving train for a good entry when there are few sellers out there willing to sell without a jacked up ask price.