Well, certainly interesting buying since Thursday afternoon, with a bit of a rush this afternoon.
Why? I haven't got a clue !
Certainly not a move on the gold price today, although it might be up to $1300 on Tuesday because of Option expiry. $1300 seems to be the "agreed" figure for closing them out this month (check Kitco).
Perhaps upcoming drilling results which were mentioned in last week's announcement as being immanent?
Good drilling results would add to the already impressive Fekola PFS but would it cause this kind of buying interest?
Another option on the drilling results could be that they have came across something substantial and maybe an early indication of a Fekola Mark 2? Drilling is only 12 klms from Fekola so would be servicing the Fekola plant.
Ahhh, who knows.....just throwing some ideas out there.
Then there is the other option........ :))
Personally, I don't want that but it would make life interesting to see a bid come in.
PIR Price at posting:
$1.43 Sentiment: Buy Disclosure: Held