At the moment all we are missing is urgency, gold juniors take time to reach their goals, big players know they can accumulate from impatient holders. Once serious milestones are met, more JORC Oz, Feasibility studies and funding the urgency will come.
Owning shares in a company shouldn't be a cult, read the information and make a balance decision.
I think the extension results will give this a good boot, then we have more drilling hopefully late April on the other extension and a bit on Spanish. This impending results could be a chance of capitalizing on a spike and accumulating lower whilst waiting for the second phase of the drilling.
Don't underestimate the importance of when they recalculate the JORC after these results, the psychology of a 1 Million + oz resource when your targeting 2.5 from deflector alone is going to be significant imo.
Finance arrangements for the plant in the next three months,
is also an important one as it will put to bed the chance of a significant capital raising at a cheap price.
Spec'ing is about risk management, unfortunately results are in the hands of the lab, we don't know when they will be released if you think you can get in cheaper before the results sell now, if you don't? then hold.
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