re: Ann: Further High Grade Copper-Moly-Gold ... Lasronin
IMHO retrace to 13.5c~14.5c is still on the cards. SP has risen close to 70% in short period so retest of mid channel is logical if uptrend is to resume. Like I said many times before this current rise has nothing to do with DFS but CR. MGO is still years (4 years +) from production so DFS would not change sentiment a lot especially the big funds(shareholders) already know with 90% accuracy outcome of DFS. Financing is the key but if sorted it would be late next year. Paradigm is preparing SP for probably another 15c CR. Another 300M shares for $45M is my guess. That being said I wouldn’t be surprise to see SP pushed to 20c before CR is announced. They‘ve done it before so why not this time around as well. Therefore if you buy now make sure you are not caught with your pants down when that happen. Once again this is only my opinion and I could be wrong like I was many time before,
Cheers
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