It's one thing to worry about the sky falling, but another to live through it and realize that there really was nothing to fear.

We've seen about 10% of the shares trade hands, and the share price go all the way back to all time lows. But now it's out of the system, and the high volume may even have brought in some new investors.

Hopefully not many longs have given up, as concerned as they are. If the private placement is completed as planned, we'll soon see some important moves. Some more drilling is always nice, and the Ful Feas etc. But the spectre of running out of operational cash, if it truly is behind us for another year, will be a great thing.

Meanwhile the daily new all time highs in gold may just be waking up the herd. The money may start to flow into the sector, looking for good investments.

With the rediculously low valuation on our reserves, and the low share price, the risk reward balance is way too sexy for investors to ignore.

Lots of things to feel good about here.

SKELEG