this is a great news release for a few reasons,
first we've got some new high grade gold samples, that always helps!
they have hired an internationally recognized lab that is known for their accuracy and competence in leading edge technology. This is good because their last lab was causing them some issues such as their inability to deliver assay results in a timely manner.
my favorite part is the fact that they are getting more drills on the property. As far as the drilling goes, they had a broken drill for part of the quarter which is never a good thing for drilling holes. Not only have they fixed the problem, they got more drills coming and about to start discovering good stuff for us.
to me, all these things ring of really good management, and thats what I buy into, a good team of people with great potential.
there are some monster bids and asks right now, if we can take out that big seller, we might see somewhere above 1.30$ a share today