A couple of weeks ago I commented that if we hit the $6's I'd be in buying and that is what I'm doing. I really didn't expect to see the $6's again on this stock unless there was a share split. Nothing, absolutely nothing, justifies the numbers we are seeing except for panic amongst uninformed share holders getting out while they can. As such its a great buying opportunity. In fact there is no better time to buy then on crappy news. Seldom does it turn out to be as bad as implied and in this case we know the source and the reasoning behind it. I expect that we will pop back into our $8 range in a couple of day as everyone settles back down and we wait for the 'release'. In the meantime you can make a nice short term gain of 25% or so, or add to your core holdings.
Junior gold stocks have never been for the faint or heart and returns are NEVER guarenteed. But in this case everything points to the big players holding on and we know that we have a world class deposit. Again don't go betting your house or buying on margin on my advice but now is a good time to think about deploying your 'reserves'.