Any chance that whoever was selling into any upside in the last month has now capitulated, smarting as they must be from being hurt? Today's small rise in SP on such low volume indicates that when suicidal selling is absence, the cream is permitted to rise to the top. Italy fears and the big move in gold certainly helped as well.
Getting nice and cold, as wintery weather takes hold of the north. Hope we have lots of minus 35 and colder days, for the ice road. While there may not be any major equipment going up, other than fuel and other consumables, I bet there will be lots more trips by visitors invited for a tour of the proposed mine site. By the time the ice road is operating, in March, the price of gold may have passed $1920, making that the new support/floor as Tyhee moves forward with seeking financing. This highlights the discussion on getting maximum valu out of every once of gold. Having a mine become permitted when gold is over $2,000 per ounce, even if costs must also have risen towards the $800 or $900 range, really makes for some exciting math.
Gotta get me some more of dat tyhee!
Skellig