with 26g/t they are going to need at least 1.5m oz to be in the large scale commercial if it comes in at say 700k oz youre looking at maybe 32c a share based on quite a few shares on issue. Cost of getting mine operational and so forth.
Still i guess just reigning in expectations - could be a buy at 20c but at 26c and with the RSI hoveirng near 60 just seems like theres a bit of weakness until ( or if) those drill results come in on the upside ( or downside)
if u wanted to play with a iffy perhaps stop loss at 23c with a 26c purchase just dont expect any action for a few weeks
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