I think they sold because gold was tanking at the time with no major relief in sight. That has now changed. Whilst you may be right with the timing (I emphasise might), the extremely tight register means that the closer we get to a drilling announcement, the harder it will get to buy a decent sized parcel, which means SP increases. Also, check out what happened to the EMU SP recently when they started drilling. It turned out to be a duster but it shows that we don't need results to get a big SP re-rate. Anyway, everyone trades to their own plan which is what makes the market so intruiging. GLTAH, no matter what your strategy and timeframe. I think we can all agree that the upside potential is massive.
AQI Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
