jrvossie, be careful.Buru have been shorted for months now. It's...

jrvossie, be careful.

Buru have been shorted for months now. It's been a long discussed topic on the Buru thread that it is long overdue for a bounce.

This positive Cyrene well has triggered some short covering (I suspect) or simply frenzied buying that the shorters time is running out.

Cyrene was a catalyst for Buru's SP to simply regain the value it already held prior to being shorted so violently pre Xmas.

There is plenty to be excited about here but I warn again -do not draw direct correlations between Key and Buru. They are not the same.

Key are arguably overdue for a similar bounce, but not to the same scale as Buru. I'd expect this to be low-mid 3's by the end of the week, no more no less.