Can we say the days of large increases due to speculation are coming to an end in this market and now they are looking for more rock solid evidence of ore bodies and assays?
For the moment, large increases are dead. However, one nanosecond after a HOLD or an NR, and the game is back on.
Just about everyone has taken their position, and it doesn't matter how many outstanding shares are available. Unless every CEO at McFaulds has lied, the geology is still compelling.
As much news as possible has been squeezed out for SPQ and NOT, because the bottleneck at the assay lab has staunched the flow. And every investor waits - some patiently, others not so.
Snug