Guys it would be interesting to hear people's view of the SP range if Conductor 4 does or does not intersect visible mineralisation.
IMHO;
Investment houses may have priced in success (50-80% likelihood of a find) already and thus the current SP is overvalued or the risk attributed to a find may be a 10-30% forecast success and the SP is sitting at fair value.
My prediction is that if nothing comes up from Conductor 4 we'll see a retrace to ~$1.70 and if there is success we'll see a jump to ~$3.50/$4.
DYOR
K
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