WR1 General Discussion, page-30112

Pretty accurate post, FN. As you say, we've recently been in a trading range from low $1.20s to $1.40 while the punters do their thing. The important thing to note is that since the Renard option was announced our trading range is on a higher plane than prior to that, so that goes to show that significant news can and will ratchet us out of the doldrums. We would expect to climb another notch on the resource upgrade for sure, and any definitive evidence of a major find in the SW area should also give us a boost. After that we might see a quiet period for a while but we could also be surprised by a major development in Q3, which is not so far away now.