In about a month's time or there about, the Specky Stock Traders that have one way or another shared in the expected $1,000,000,000 in expanded Mkt Capitalisation of CVN will be ready to either cash in on their gains and pocket some for the taxman, or some for entertainment, or, but most likely (given so many small end speculative types have benefited) jump back into the next best thing.
At least the Specy End of the ASX can expect some extra action and confidence.
Just as an aside, I see no reason at this point in time, in chasing gold exploration "in front of" the Tech Metals and basics like Cu, Pb & Zn (that doesn't mean we shouldn't chase gold).
Gold should be chased when the Mkt is chasing Au, otherwise a good find will be greeted with a long yawn. Anyway the Bond Market will dictate if we will see a run on Gold & Silver. That said ...................... I'm not sure if we really deep, deep down want Bond Mkt turmoil.
As for ALY's future well what can I say........................
"Everything will be all right in the end... if it's not all right then it's not yet the end"
(Best Exotic Marigold Hotel )
MI
ALY Price at posting:
1.8¢ Sentiment: None Disclosure: Held
