i disagree Ted, but thats ok, i dont need you to hold my view, I think the shareprice shot iup on a super drill hole, its priced in.. and priced in too early.. the share price has no alternative but to consolidate.. it will take at least a year of drilling (maybe longer) to get a Jorc resource on Apollo.. many people take their money elsewhere and come back later when there are more upside catalysts.. it might well go all the way back to 20c on that basis, it doesnt mean its a dud, it just means there is time to wait between turning that find into revenue.
Now thats excludively looking on the basis of this one project, there are 2 other projects in the works to factor in. more definition drilling isnt enough to get me back in, it would have to be either related to the other projects or drilling at depth (400m+) at Sunday Creek or drilling other targets along strike. neither of those two options are planned in the near term drilling
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2 | 2200 | 2.860 |
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3 | 3700 | 2.800 |
Price($) | Vol. | No. |
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