We are expecting the drilling results for the Gold very shortly. Likely in the next week or two, so unless your a day trader or have the patience level of Prosperity, you would be foolish to let them go in the next fortnight. Playing the numbers will likely only result in burnt fingers.
I think Seaemay mentioned that gold explorer's usually have IPO's around 20 cents a share. So by my very basic reasoning, I would expect the SP to climb half of that into maybe the low 30's if we get some decent results through (which on the basis of the 80 nuggets found is more than likely).
So 21 cents a pop right now is looking like a pretty sweet deal atm when you consider this share is basically a 2-for-1
All things said, I think it's good we had that retrace today. When things get too red hot they divorce from reality and I reckon if things get too away without an announcement the tumblr would way worse than a few cents.
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