Also gryphon, as the push on NDO was very late (the big surge) on Friday afternoon, I believe there just wasn't time for YGL to fully respond.
Had it happened a little earlier in the day, I think we'd have seen Yilly close a lot higher too.
There was a quick last minute move - options sells were pulled and others moved for higher prices as a buy came in on close for 120,000 that didn't get picked up.
Sellers in YGLO aren't stupid - and there also aren't many of them.
I believe the last few days with the Dow bashing has allowed a few long termers and solid holders to gather more while the nervous left the building.
Interesting times ahead.
Be good watching to see if any or all of your scenario plays out. We've been waiting for some sort of corporate activity for a while - maybe it IS going to happen.
The Yilly branch out to other parts of the world is only going to strengthen its long term 'attractiveness' to investors - but first assets over the line to produce income in the 'Kairiki' state of things and not gold, will surely be SC54.
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Also gryphon, as the push on NDO was very late (the big surge)...
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