It's great to see last weeks gains hold with additional volume in the bids this morning. Again, asks are looking quite thin today and any weakness is being soaked up. I'm expecting a re-entry into the $0.08s over the coming week or two. With the PFS due this quarter and most probably guidance being made to development, it should be an interesting few months.
Looking ahead, i would think it wouldn't take much to wipe the current 500K shares to see another run higher. This last week has seen new money flow into the small and micro cap space so a sustained increase in SP over the next three months is very possible. Drilling assay results will provide support as we move higher. Judging from the last announcement you could assume that we should get something every two to three weeks.
I hope all have had a great Christmas break and an enjoyable 2020.
BDC Price at posting:
7.9¢ Sentiment: Buy Disclosure: Held
