Hi Smity,I agree ,there should`t be a move up in the SP untill shortly before mine going into production that was the case with Integra and the S.P didnt move untill mine stated up.This seems to be standard practice when the big instos have control of a large portion of the stock. It dosen`t make much difference even when Gold price is racing like at the moment.So i think we may have another 3/4 months wait for the rerating to occure.The only thing that may change that is some corporate activity which may be possible due to the fact of some major player dissent at the AGM last November.Remember this mine is due to produce at cash cost underUS$400 for at least 10 years and there is plenty of return for all of us then.
RED Price at posting:
$1.75 Sentiment: LT Buy Disclosure: Held
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