Hi GeorgeKhalil, While I don't share James1212 pessimistic view...

Hi GeorgeKhalil,
While I don't share James1212 pessimistic view that "something that is not going to happen for a long, long time.", I agree that its more the way traders are playing then any presumed valuation.

ie many think well if drill results are 2 month away why hold/buy in now, put money elsewhere come back 2 weeks before results etc etc etc
slowly share-price falls, occasionally we'll then get spikes (and people will think somethings happening), but thats often just long-term holders (like myself) waiting for decent volumes below a certain sp level before scoping in and topping up.

those waiting to buy in closer to the action, also run the risk of missing out if a good ann comes along out of no where.

so in summary its the way people are positioning themselves for when we get a period of results coming in.

all strategies have there merits, but i prefer top up on lows and hold long term.

Landslide.