I think I have posted on this before.
The current selling is your tax loss selling from those that made profits elsewhere this year.
They will be buying back next week. We are not going to see weakness, we are going to see strength over the next 3 months.
We will get a resource upgrade, we will get a decisions on production and we will continue to get more positive results from IGR.
On top of all that we will get Barrick drilling in the Galwer Craton in the very near future if they haven't started already.
Can you see why there will be near term weakness in the future? Only the selling from weak hands.
Those that have done their home work will be putting their hands in their pockets to pick up more stock at bargain basement prices.
I will be happy to wait for the production decision because it's a no brainer and more than likely sooner rather than later.
Regards
Kojasper
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