Maybe it is. A bit puzzled, on delay of exploration update. It can't be due to TSX listing, CDV had number of price sensitive information and quarterly report since then. It can't be due to keeping it secretive from GF, as it would break rules. Delay at lab? 2 and a half months?
Seems like plenty of work is completed since. Apart from gold price or investor's sentiment toward gold is very cold, but essentially not much diff 1200 vs 1250 at this stage. But market maybe thinking gold price will go well below 1200 so they are taking funds of from stocks?
Issue here is retail buy side is quiet thin, due to uncertainty of technicality of the project which requires updates or work progress.
@Orwell - any analysis on TA? FA side needs your TA assurance.
