Okay, people....put up your hand if you didn't at least consider taking profit at the ann.......I certainly did. And so have many others by the looks of it. Hard to resist a gain of 20-30% on investment. I don't disparage them. That's their investment strategy. Then there are those of us who look at the fundamentals and see remarkable amounts of high-grade Au which can now be accessed and will be.
I think that the analysts will be looking at this as the day goes by and I wouldn't be surprised to see some institutional buying later in the day, once the dust has settled.. Low hanging fruit will be picked. Whether the price sags from here will be a matter of chance as I see it. The company should be putting out information now - even if it is a repeat of what it has already said about the quality and size of the reserve. Perhaps a schedule of operations, and what happens from here would also be useful (if the company is reading this).
In any case, I will continue to hold. Imagine what the sp will be once production starts! Any guesses?
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