Wondering what the SP will normalize to now that the EOY has passed from a tax loss point of view and the fact MH is down to his last mil +/- shares. Considering that most the explorers and juniors have taken a beating for a while now, but the POG is still near all-time highs. I personally think we will see 6 to 8 c without a MRE or results that must be surely due? Only problem going forward that i see for returning to 15/16c the price of the last CR and given a decent MRE is the fact that we now have a large number of shares purchased approx 28 million since January 1st at an average of 5.7 cents per share. The question is what the expectations of these holders is albeit long medium or short and their target price.
What does everyone else think ?
Ann: Ceasing to be a substantial holder, page-158
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