Despite the recent drop in share price, this thing has the potential to soar and recoup all its losses and some overnight.
"Today's drill results continue to give us confidence that there are higher grade zones in Leia not previously defined." Management is clearly extremely confident.
Those who are patient here will likely be rewarded. MinRes and co know they are on something big here and forked out 85c a share for it.
Gina bought into VUL for $5.12 only to see it drop to $2 and now its seen a strong rerate with it likely going to $10 by year's end.
Patience...
WC8 Price at posting:
33.0¢ Sentiment: Hold Disclosure: Held
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