Sentiment is the biggest driver in these markets though. POG has a very large bearing on sentiment toward gold explorers. No we arent digging it up but punters certainly like a strengthening gold price when looking at speccie goldies. MC of 7.5m with a multibillion dollar bunch of ground and excellent management. Hard not to see short medium and long term value here. The market will warm again shortly, it was just a tumultuous day out there today, even for a gold explorer
Oppies at a discount, very attractive.
Ann: High Grade Gold Mineralisation at Minyari Dome, page-59
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