more the usual "fear" factor that may reverse again tonight and see POG retreat
a lot of writing in EU blogs re POG and goldstocks:
generally calling it "too early" for a reversal - esp looking at the big 3 not having turned "up" convincingly
signs are there but HUI still not convincingly above 200 line
calls over there are "sit back and wait" - yes you may mis the first few % pts in a potential rise - but still enough time to get on board should it happen
So - the world has become very cautious - Sprott one of the few still being bullish and starting new funds etc
ABU has it's own issues that we are all aware of and need time to be "resolved"
still waiting for the blessed ball mill clean out - need those numbers confirmed so we can do a final rec of grades !! Not to mention a substantial amount of money into the kitty
ML - is out of our hands, assuming all the paper has been taken care of
various JV's going ahead - may get some data from IGO
so - planning behind the scenes I guess to be ready should ML be granted (better be or any chance of not obtaining that ?) and move onto stage 2
volatile day ahead - see how producers hold up today
ABU is in-between - no longer just explorer not quite a producer jet
no drill data coming in either
ABU Price at posting:
2.7¢ Sentiment: None Disclosure: Held
