I like the way that Genuity reported the results of AT-12, and the market does as well. The stock has drifted lower over the last couple of days, but still not all that low before showing some support.
On the upside, the report sets a low hurdle for creating some excitement. Now, the market is expecting low grades from AT-12. If we do find massive sulfide mineralization there, the price is going to fly. And this will spill over to other players in the area.
With hits covering the area, from E1 and E2 in the south to the WSR find in the north, we can see that the area has a lot of mineralization. We just need to connect the dots for the market to see the whole picture. That is one of the biggest problems facing this area play - there are so many players, it is hard to see the big picture.
Fortunately, news releases are starting to relate this matter. There was a NR that referred not only to the E1 43-101, but also discussed the SPQ/KWG 43-101 as well. The companies are starting to paint the picture for the market to see.
Like all masterpieces, these things take time. Enjoy the action.