to thin to jump back in

GMR dropped today due to elements not in their control, good old mother nature.
Which caused the delay of around 2/3 drilling planned.
I myself was dissapointed of the delay in drilling.
However we still get to see a sneak preview on the 1/3 of the drilling that was done.
My guess is, it will not take 2 weeks, my guess is we could see results early next week due to the smaller amount of samples to be tested.

The above doesn't change the great growth story of GMR. It just means we will see the full Mali results after the Swedan results.

Royal Falcon is still trying to source the next "Major Mining Project".

For those that think they can jump out now in hope to buy at lower prices, think again.

IMHO, thoese who were praying to enter at a lower price had their prayers answered today. Today was the perfect day to enter GMR @ low to mid 7 's.

If the stock is still trading at low 7's longs will be topping up.
In addtion those whom dumped today hoping to jump back in at a cheaper price, will cause a squeeze in the SP.

I can see 2 items that can burn the investors jumping in and out of GMR over the next 7 days.

Great Mali Drill results or the next Royal Falcon Project.

Are you willing to risk this GEM of a stock over rain?
If you are get ready for pain.