So last day before Xmas break is the 23rd of Dec. Which would mean to get the assays disclosed before Xmas (with a 2 day TH).
It would need to drop tomorrow for Fridays disclosure.
Santa Rally (and I know, is it really a "rally" when you drop ~40% in the month before) is the last 5 trading days of the year, which is this Thursday.
All roads point to an intense end to the year, IF those assays come through.
I also understand people's call that the news may not move the market, since we are in a heavy down trend. (Understandable)
But I think the main thing is it is a huge de-risking step that once the market starts reversing the market will notice. Also alot more investors will feel far more secure holding, with positive assays then now.
Hanging for news when your profits have either severely diminished or gone into the red in the last 3 weeks can make anyone, not familiar with the small cap stocks volatility, press that sell button.
For reference I'm no expert and just feel like I have learnt this. I am only 29 and am down 60k from when we peaked (still up by 30 luckily). But to me that is a mountain of cash and do I think to myself what could have been? Absolutely BUT today I once again fought that fear and picked up another parcel at 95.
We all should know our limits so that we can sleep at night.
GLTAHs and regardless of newsflow, I hope you have a great festive season and new year.
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