In my opinion, all the points that you raised are certainly helping the share price but I think that the strength is mainly due to everyone now being set and it’s full steam ahead to get the Gold into production.
By everyone I mean:
- The small cap resources Fund that recently scrambled to buy in at 4c, a few days after a CR at 2.1c;
- MRG coming on board via buying shares and bringing their expertise to the Company for mutual benefit;
- Taylor Collison and clients – pretty much everything these guys have touched recently has multi-bagged and I don’t expect any different here.
Then there’s the Lithium too but we can leave that aside as a bonus to the gold.
Nice and steady climb from here will do me nicely.
Cheers,
GB.
EXC Price at posting:
5.4¢ Sentiment: Buy Disclosure: Held
