These days, I often see a SP pullback in stocks, once spud, or drilling commences. I guess it becomes pretty 'real' at that stage, and things can go either north or south pretty quickly. Usually, there is a 'spike' just before drilling starts, and then the pullback follows, as people get a little nervous, once things get that close. Unfortunately, we got hit pretty hard last Friday, so we didn't really get to experience the pre-Pomme spike. But I personally still have a huge amount of optimism for this stock. The market sold off on Laverton, yet Laverton alone is probably (in my opinion) worth our current MC (the results were simply not 'bad' at all). Regardless, Pomme is where approx 80% - 90% of our value should be counted. So the Laverton sell off was far too premature in my opinion. I personally hope we start drilling the first two Pomme holes right next to the previous holes (both very successful), to get some good initial results, and then calm the nerves. Then we could all sit back and enjoy the rest of the ride! Btw, I am glad we have a pretty diversified crew on this forum, and it is always enjoyable to get everyone's point of view. Good luck all! Almost the weekend!
MTM Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
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