It's all about attending to your resource, Zed. Make sure they are nice and primed for the next stage of mining. Keep the propagandist message going.
They can talk up low cost production all they want.
No money in the bank = no drilling, equipment.
If Greece is kicked out, and defaults. Who's holding the debt. Euro banks. Funding will tighten as it did last year. In Nov 2011 the whole Euro credit zone froze. (A Thursday from memory)leading to the US sending cheap money to the zone.
Pie in the sky operations with no measured resource will find it increasingly harder to get funding.
Clearly there is an inverted, inverted head and shoulders pattern. lol. (In no way am I making light of peoples losses. Just the ridiculous comment)
I stated last week that 1.4c was the level to watch. (Post #: 8092549) Under this will be very bad mojo with only 1.3c the only support left. (2010)
Good luck.
KAB Price at posting:
1.4¢ Sentiment: None Disclosure: Not Held
