esh - I agree with Davi that yesterday's spike probably had more to do with Tony Locantro's comment than the analysis from hole 32. Over a decade ago Locantro was a strong advocate of Integra Resources, he backed them from very early on and continued to do so as they became a producer and then got bought out by Silver Lake. Punters who followed Locantro into Integra did okay from memory. It would be reasonable to assume that he still has a strong connection with Messrs. Cairns and Ironside. I'm not suggesting that Tony Locantro would have inside info but the fact that he stated that "In my view, SVY is one of the highest risk/best reward exploration plays on the ASX. Strong management has its interests aligned with shareholders." would have likely piqued the interest of a few old timers.
SVY Price at posting:
27.0¢ Sentiment: None Disclosure: Held
