There has been all kinds of action here this week. Nice to see it above the .40 mark with some conviction. I was told the main buyer was Sprott Asset. I am still intrigued that Canaccord hasn't been a bigger buyer given that it made their "must own" list for 2010.

At any rate, I think that the only real risk here in the medium term is a political risk. That being said, dirty politicians don't usually get into the mix until the assets get closer to the "massive" or production stages (see the Aurelian debaucle).

- J.