Spartan Resources, page-333

I’ll just add a couple of points:
1) The uptrend on that chart you posted is really quite spectacular in that the pullbacks have been consistently mild throughout the significant run up in share price. This suggests, of course, minimal profit taking, and confidence that there is more upside to come.
2) Upside v. Downside risks are skewed heavily in our favour, imo. We have the plant and associated infrastructure and the Never Never discovery, considered to be one of the best gold discoveries in recent years. It continues to deliver high grade ounces with every drill, the latest 130m below the previous deepest hole.
Upside could come from any number of angles, most within walking distance to the plant. New discoveries (ore bodies) are being reported and historic drilling suggest further high grade ounces are at hand.
Good luck!