A stock like this will tend to drift down in the absence of news that will drive the price. It's been a month since news of their first lease payment, and the two PRs since then have been about the new BOD member and the news about the milling rates. The former did not affect the price, and the latter was expected, and did not drive the price since it didn't include data about total production, grades, or total revenues. That's the kind of information that will drive the price. Charting may work in the absence of fundamental news, but I wouldn't want to take the chance of being out when important news is announced. As I've said before, I'm not a trader. I got into SFMI early based on fundamentals, and if anything those fundamentals are incredibly stronger with the construction of the mill and beginning of production and revenue flow. I'm perfectly OK sitting on what are still large profits waiting for more.
