The problem I see with that is getting the shares to dump in the first place. If you were to accumulate anymore than about $20k worth at the moment you would potentially push the price to 8.4c and probably trigger further buying, thus shooting yourself in the foot. It would be a slow old process to gain any leverage.
Not sure I'm a fan of that scenario as things sit right now. Great news on Gold reserves may spike some interest on the resources side from a player there. But the PASS side would be a purchase of nothing more than potential as it sits now.
War & Gold, page-140
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