"it's oversold and will fall."
It certainly is oversold if you want to take that perspective. It would appear however, that the momentum is speculative that NOT is going to prove up much more, that it is a very safe place to be in this market... and as more investors find out, keeping in mind the convention in T.O. this week, the sp could well maintain an upward trend in advance of the 43-101's. Cuts could be right, but he may not be anticipating the effects of the "perfect storm" factors, which may provide a greater proportion of ups to the downs. We'll have to wait and see... but given the market, the drilling, the faster assays for at least NOT, I think there will be a good number who won't want to wait. Surprises have a way of coming out of the closet when you least expect, both good and bad.... but if you believe in the balancing act of the universe, we've had the waiting and slow reports..... the tanking sp's.... the balance to that is what we are experiencing now.... perhaps.... again we wait and see. Ya pays your money and takes yer chances.