Although expected, the decline is still disappointing
posted on
Nov 09, 2009 04:22PM
Although I expected the sp to drop to 0.90, or even a bit lower with the pp announcement, it is still disappointing to see. IMHO there will be an upward trend beginning soon after settlement on Nov. 24, although I think the flow of news will dictate the extent of the rise.
They are predicting all results released by the end of January. That's 12 weeks to release 51 holes, and 10 weeks if they wait until after the 24th to release any more assays. That's either a lot of holes in each NR, or a lot of news releases. And there is still Carlin news to come. Lots of potential excitement, I think.
Chris