Heey mate.
This is just my opinion once you put all the variables and infos together, past and present.
Personally, the only thing that will move the sp in the 2c range is the initial drill result. It have to be above 20m and at least 1%. Thats why there is a lot of worry from some if they dont get it right and in fullness of time they ll say ... You know what i mean.
I used to be in with a decent position, was lucky to figure out early whats going on and to get out with good profit.
Now.... 1.3c held few times and seem solid.
For now!
Imo the start of drilling wont do much to SP, but my belief is that some instos will pump it a bit for a quick buck as it can easily trade between 1.3-1.8.
Easy trafing range really, we saw it before few times. Thats 10-15% trades in a day or 2... Why not.
For me, LT, is NO! simply because of speed and mgnt that seem to be like in their own world. After all this is a very speculative end of the market... Anyone else saying otherwise, he must be insane, delusional or what everyone else think .
Cheers
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