posted by GoldenGoose74Next 3 months will be interesting for...

posted by
GoldenGoose74

Next 3 months will be interesting for this stock, I wont be surprised if it goes to 20C

1) The Feasibility results coming out in September. This is going to be excellent - as when you look at the resource upgrade presented earlier this month, most of the increase was laterllay reather than with depth. Hence lower cost to mine and higher profit!!

2) The Nickel spinoff will mean the stock will be artifically inflated so that people can get into the float to get some stock. This happend to HLX when they spun out the platinum assets.

3) The Uranium deal is quite interesting, as CVRD are very through with their research prior to signining any deal etc.

So lets wait and see, definetely profit taking happening. People who got in at 8 c are of course selling out (who woulnd't if they didn't understand mining and only went into make a profit)

Cheers

I hear frogs leg is to be online a lot sooner than what was anticipated.The purchase of harmony's process plant has changed the time frame and economic of dio's projects.As managment have stated dio will be rerated once we mine our first ounce under the dio flag
_ebit