IMO:
Gold prices will have a BIG influence on the SP trajectory of Classic. I don't see any major economic recovery world-wide until 2022 and until then gold will be used as a safe haven and plenty of time before the bubble bursts and unlikely to go below $US $1600 ever again. Obviously no-one is buying $US dollars now.
I think a good time for SP consolidation is once a regular revenue stream is establishing and proof in the financials. It would be also great for Classic to have a plan for processing other known reserves once more drilling results and analysis is performed. I wouldn't wish less than a 1 for 10 in SP consolidation.
I don't have as much concern for profit takers driving the price down once the GOOD news keeps coming.
New holders will be holding for different reasons rather than just getting paid (for those that were paid in shares by Classic).
Once gold production starts with Classic I expect a instant acknowledgement in the SP upwards and demand eclipsing supply.
Looking forward to great news this week or early next week!
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IMO:Gold prices will have a BIG influence on the SP trajectory...
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