gold !, page-14

I'm expecting to see continued volatility over the next 2-3 weeks. Those who have signed up for the SPP will have an interest in the lowest share price possible, making the 10% discount all the more attractive. But the low dollar limit on the SPP means that it won't be worth pushing a lot of volume onto the market.

Against that is the probability of more news occurring between now and the SPP completion date. The AGM is next week. Surveying is continuing. Efforts at selling properties continue.

The bump on Tuesday shows that the ocelots are lurking in the bushes, watching, waiting to pounce. If things pan out as we (and Golden Rim) obviously hope, there will come a point where the good news is enough to bring the ocelots swarming out to feast on anybody who has a sell position posted for a quick gain.

My feeling is that the quick gain will come with the lasting pain of regret. And ocelot teeth marks. I'm sitting tight because there's no telling when the news will come.