I agree it will hype the stock up tring, just don't agree to the...

I agree it will hype the stock up tring, just don't agree to the levels people have been talking about. The market is being very cautious in general at the moment, I'm not sure if you have noticed but there is very little action going on comparatively, volumes are low across the board and people are reacting cautiously to positive announcements. Only the very best results are getting good gains.

Spikes will of course happen but IMO to a lesser extent. I think 12-13c is the highest we'll see this go until (if) any positive drilling results. Remember a sell off will almost be certain as people scalp the 1 for 10 issue so it could be looking at a lower base to jump from. ie- if it goes to 8c and settles there, the jump to 13c is quite a big one and could be the justification for announcements the market is currently waiting for. Wasn't much of a jump a month ago from 11c for instance (although not shabby) but now it would be.
Just my opinion but we'll have to see what the market decides.