The recent results are very, very nice. However, I think some consolidation will happen - perhaps in the 25-30 cent range.
Many intelligent investors have bought in a much lower prices, and they will take profits. Especially if they've doubled their money. The smart thing to do.
It is my thinking that - as one of the other contributors to today's discussion mentioned - consistently good drill results like today's will be required to push the share price higher.
IMHO
Snug