Sunday Speculation.......Some posters are thinking we may have a pullback given we have come so far so fast. And while that is generally solid logic, (profits will be taken that is just part of the game), I don't see a big pull back coming. Just the opposite actually.
I think its pretty obvious that with what we have , and that it is continuing to expand in all directions, that the institutional buying is going to continue for the near future. It's pretty much a guarantee that we will be bought out for dollars, (plural), so everyone who sees that will want to acquire as much as possible as fast as possible for the eventual sale, especially institutional buying.
Drills will continue to push it onward and upward, and the possibility of it being one of the biggest discoveries in the world will fuel that fire even more. I predict we hit a dollar before Christmas and between 1-2 dollars by the AGM in the spring.
My Sunday speculation is this: next week is the third week since the 38 meter drill, so according to Marz in several statements/presentations we WILL be getting drill results this week.
My prediction is we will get the 20 m intersection that is next to the 38 m drill (Im really hoping they put a rush on it like they did with the 38 m), and a WHACK of other drills. And I fully expect the 20m core will once again be double digits g/t and we will see some SERIOUS buying. I think there will be a run on getting shares under a dollar as the buyout seems more and more certain.
- Jefe