IMO the price retreat is all about the state of world markets....

IMO the price retreat is all about the state of world markets. The price has retreated on very low volume with a few investors protecting their capital. I think this weakness provides a buying opportunity but in saying that it is very risky relevant to the current state of world markets. Not too much has been heard from the company in the last 2 or 3 weeks so hopefully they will inform the market of progress in the near future. I rate it as a hold for existing holders and a buy for those who have an appetite for risk. I reckon the SP could halve if world markets continue to tank or at least double if the company releases good news from the current drilling program.

Just my own personal opinion, so take it with a grain of salt.