With us ready to release initial drill results at anytime, from a property that has the potential to house the worlds biggest gold deposit, IS surely a suicide mission for a shorter. It does not make sense in the least, TO ME.
I say there is another mechanism in place thats trying to hold the sp in this position. Investors are not stupid today, there are more resources available at their fingertips. You don,t have to be very bright to see the huge potential in this stock, yet our sp remains at a level that really only justifies us not EVEN having the Tesoro. Silverback showed us this morning what was paid for a company with not much proven up, the Vilcoro itself could support our current sp with what Lori said, could contain several million ounces.
This stock has been kept under the radar for some reason, maybe til the time is right. No TV exposure, no documentary released yet, and what seems to be only a small segment of a much longer interview with Forbes.
That time must be very close. As was mentioned, even stateside had an 800% increase in volume today. Overall volume today exceeded 800k. More people are waking up to the potential here and are buying. The buying should should soon outweigh the selling as more people/institutions become aware of this stock. The word is spreading, and I don,t think it will be long before we hit a new high.
Common sense would tell anyone that if you are getting high gold grades on top of an anomaly to the tune of ounces per ton,and can clearly look at geophysical pictures linking these grades to the anomaly, that asking for .30 g/t in that anomaly is NOTHING to ask for, BUT thats all it takes to have a world class discovery and warrant a much higher sp from here.
I think finally the world is waking up to what we have.
IMO