I think it really depends on the magnitude of the prospect they announce.
There are still so many unknowns, the biggest of which are size and quality of any potential deposit. Guessing what the share price will do is really just a punt. I think if they proceed the price would have rise regardless of the size though, given Cluff is such a small company.
I am treating as a punt, potentially huge but also potentially nothing and a share price drifting back to 1c.
CFR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held