Of course this may not be a mine - that is the nature of the beast when you invest in gold juniors and it is par for the course.
That is why feasibility studies are undertaken. But from the news releases to date we are ticking off the boxes and the opportunity seems to be getting more exciting.
When I see prices bouncing in a narrow range like they're doing accumulation seems like the only sensible explanation. All the margin callers / nervous nellies were washed out since Jan 22. Very little volume since then (like all juniors at the moment!), which makes it hard for the accumulator to get their desired fill in a short space of time. The holders now are predominantly the investing type - that forms a good base for the next leg up.
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