I wouldn't like to think my post was a slight down ramp on the current anticipations of Burns drilling and each investor/punter have their set of objectives. I have noticed with a lot of speculative end of town, of which ORS I still personally consider due to the lack of income so far technically speaking, a spike in the SP is usually accompanied with quick profit taking on the news event and this can have a drastic effect short term. Hopefully January's spike have taken out all the stale bulls.
So far the rise has been steady and I like to think it is in anticipation of good cash flow. I am hoping as the POG continue to rally so will the valuation of SP.
Maybe the sentiment towards gold has changed if we keep getting positive news out of US economy which has so far point to inflationary expectations sooner rather than later.
ORS Price at posting:
6.1¢ Sentiment: Buy Disclosure: Held
