The market had a full three days to digest the news, so we didn't see the frenzy of day 2 buying you often get when news like this is released mid-week. All in all though, not a bad day, especially the insider buying. it looks like a few more weeks before more results come out, so there may be a chance to buy lower. I got half my position in on Thursday - I'll try to pick up the rest in the next week or two.
The only caution is that the bonanza hole was down-dip through a system that was already fairly well understood, so it doesn't give you the width. That said, surrounding results are good and near surface, so anything that adds oz's from here should move us up, especially considering you have a potential buyer with an operating mine just down the road.
I'm on this one and will post anything I find on my own, but I'm not reposting anything from SH or SI - everyone knows where they are - nor will I post on those boards as there's already enough noise without me adding to it.
Some comparisons to ARU have been made, but I feel that's a bit over the top. Ventana would be a more appropriate comparison IMO, but with less risk and fewer intrigues.
I like this one. I don't see anything yet that gives me pause. I also like the fact that there's a woman in senior management. You don't see that very often.
ebear