PIR 0.00% $1.49 papillon resources limited

Large sellers stepping up.What is going on with this! I am now...

  1. 32 Posts.
    Large sellers stepping up.

    What is going on with this! I am now starting to get concerned.

    What are the cons here:

    Low resource upgrade, big slippage in grade?
    (How? drill results have been at least good and PIR have a high-ish cut off)
    Technical selling.
    Resource upgrade late by 2 weeks.
    High AUD, lower AUD Gold price?
    Some sovereign risk
    Speculative, explorer

    Pros:
    US Gold price has gone Banannas!
    Current high grade compared to peers
    Resource upgrade due any day now
    Drill results to come
    Tenement grants pending
    New potential(Fekola)
    No Substaintial change notices to date

    Have I missed something?
    Starting to feel that way

    I don't know what to say.
 
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