In my opinion the SP will stabilize and recommence its upward movement only once the updated JORC resource is released. Until that time there is no firm indication of whether the resource is 500,000oz or 2 million oz so as each investor quantifies the resource in their own mind and decide to stay or go then we will continue to see continued gyrations in the SP. The extent of the share price rise will however be constrained due to the large number of outstanding shares.
Keep drilling but release the updated JORC.
Ann: More Impressive Gold Results & Approval to Drill Big Anomaly, page-92
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