re: Ann: March 2011 Quarterly Activities Repo... Agree to a certain extent to what you are both saying.
Timing is everything. If the preliminary drill results released next week are better than what the market expects, well the raising will be at significantly more than 20c.
If the results are average, then yep, a raising at around 20c is probably on the cards. Considering how oversubscribed the IPO i don't think this should be a problem williamcfd, barring a world catastrophe.
In my mind, if you look beyond the day to day grind and look to the next 12 months, the outlook is positive. Like any stock at the lower end of the market, there is always a risk, but with risk comes reward.
Good luck to all.
re: Ann: March 2011 Quarterly Activities Repo... Agree to a...
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