As we head into the Easter break, thought I'd take this...

As we head into the Easter break, thought I'd take this opportunity to provide a long overdue technical update along with the following points.

1. A well known poster (on another forum) alleges that during a conversation he had with SP over a month ago, SP reckoned that the adit would be ready for a jumbo to enter within the month. i.e. using those timelines that would now equal several days ago...

2. There are only 5 trading days left until the quarterly report is due at the end of the month. i.e. one could be forgiven for thinking that we may receive an update on not only the progress of the adit but also perhaps the cornerstone investor / joint venture negotiations...?

3. As we saw a few nervous nellies exiting their positions today due to the gold sector drifting sideways/lower, and/or prior to end of month forced selling (T+3), one could perhaps ask themselves the question... is this a good time to be selling or should I be securing my seat/s or carriage on board that train before any news arrives?

Wishing you all a safe and Happy Easter. Here's a giant egg (ellipse) for you all to ponder while we wait a few more trading days for some good news (hopefully) ;-)

Cheers and very best regards,
Elpha

p.s. we bounced off the 50day MA today which is also the 61.8% Fib retracement from the 5.5c low in Feb to the 8.8c high set last month. Good signs of support so far.

Note: my opinion and analysis should not be relied upon nor considered as advice of any kind. Please DYOR.