First drill results seems to have come in a little below...

First drill results seems to have come in a little below expectation, but enable the company to better understand their ground. The audio broadcast makes a good listen in this respect.

They appear to have plenty in the bank for now ($10 mill in cash and shares).

They have fallen 60% from their high of 10c and seem to have found a very strong base at this level (around 4c).

Volumes have stabalised and a bear trap forming in my opinion.

Seems like smart accumulation awaiting the next announcement. Not sure when this is due, but the last one came from left field, so.....