I expect that there will be another years worth of sampling and delays which should keep hope alive for a while to come. Unfortunately, I think that the spike in price based on the rumour of the sample results was as good as it will get unless they happen to pull a macro out of this summers sampling.
The homestead has been sampled and picked more then just this one time, which is something that i dont think many realize. I believe there are only 3 of us on the board who have walked the property.
In the meantime, the stock has some attention and some volume and there are certainly opportunities to trade it and make a buck at the moment. I just wouldnt 'hold' it at the current price as I expect it will be back to its previous levels before the needed financing is arranged or another shovel hits the dirt.
If they pull a macro from the sand, its another story, but that is a minimum 6 months away from being possible.
Robert
There are no good stocks, only good trades.
