Will we rally after all? lolMany gold stocks rerating lately,...

Will we rally after all? lol

Many gold stocks rerating lately, AAM the latest today with a upgrade to 1.75mil oz au & the sp having a sharp jump on the news

ORP with a mil oz already & substantial upgrades possible yet to follow the gold market rise & still being valued below a raw explorer, though a positive is forming, selling down is drying out & the sell depth is dissapearing which is slowly starting to increase small interest to the buy side which should eventually lead to buyers chasing the sp up as lack of stock is being offerd to the market while gold stocks are in demand.

Completion of convertible notes will stablise oropas future until they find a large backer to take oropa into production, on completion of CN, drilling work will recomence on potential significant upgrade areas, imo 2-3mil+ oz is very possible over time as they have only scratched the surface with current drilling & still have many large untested targets to go.

Few important breaks on the chart will be .03 & .045-.06,
.03 recent resistance that we will failed to climb back above & .045-.06 the average range we were trading the past year, few will look to get there money back rather then focus on the current strong demand for gold, as there is only 240mil shares on issue it wont be hard to push oropa forward "IF" the right people take charge of moving the sp forward.

Gold flirting with its new trading range around $900, big resistance around $930 push through there should see gold stocks benefit as a new wave of buyers jump on the next possible boom GOLD.

We have the right project in the right environment only need to get the markets attention & we will seriously rerate.

dyor