Sentiment is getting lower Sentiment is getting lower and I suspect it will drift lower right into the new year and between now and end of December barring any good developments the stock should go lower on tax loss selling and investors just moving on .The time to buy is when others are fearful that is if you belive that they have the gold which even the doubters can't deny they do .the real question is the gold they have in the ground economical viable to get out of the ground . Higher grade's expotentionaly boost profitably
less tonnage of ore processed per ounce . Recovery rates well to date the testing came back 90 to 97% seems like a good recovery rate .we can go on about great jurisdiction great infrastructure etc we all know it's up in the top 4 world wide .exploration team very successful to date by any measure
Major investors management and Eric Sprott with Eric really the only one of the two actually putting money in .A big vote of confidence in what is to come is if Eric participates in a cash raise before the MRE or PEA comes out at this extremely low share price he would get excellent terms maybe shares at 2.00 to 2.50 plus an option attached to each share at the same price or slightly higher He has said when he believes in something he will keep pushing to own more of the company he owns a lot already
let's see what his next move will be he has made some huge gains this year on some of his plays but not on his biggest play of all is he done playing or just getting ready to push for more of the company
would not surprise me to see him push for more before the MRE comes out just my thoughts
I for one will be adding atleast once or twice more before the MRE comes out