As posted earlier, I think this stock will move side ways in the range of $2.05 - $2.50 till PP is complete or expired by Aug. 26th.

So far, all we know is that Dundee indicated that a second vertical test hole some 350 to 400m from hole 049 was completed to test a geophysical anomaly at the similar depths to the new sulphide zones. Hole-09-49 was located at the northwestern contact of the Eagle One conduit.

What we need to hear is that any ONE of step-out holes in any direction from hole-09-49 proves similar mineralization like hole-49's and I think such chance or probability is really high.

Since July 30th, all trades (a total of 44.6 million shares) occurred at above $2.00 with an average price of $2.34. I don't see any down-side of the sp from today's closing price.