.... And we're back to big boys trading between 5.6 and 6 cents again..
Real shame the news couldn't sustain the SP above 6 cents..
From the results, so far there isn't enough info or large strikes to gaurantee the new veins could be added to mine plan, so it's not really a win, hence sell off.
On positivity towards the future, PFS due end of year will be good if copper stays above $3 or particularly if it climbs higher.
Approval of, and beginning of regional exploration seems out nearest catalyst for a re-rate and to break out of the steady rut SP is likely to be back in... If regional drilling is fruitful...
Dissapointing after positive buying to get above 7 in anticipation..
Good luck everyone... All just my observations... Will slip this one down a drawer after short term whif..
MOD Price at posting:
5.8¢ Sentiment: Hold Disclosure: Held