Even in bad markets, anticipation over high grade returns always interests speculators, and those with special understanding. In this case, I am quite certain mobilization of the drill will kick off speculation in anticipation of results. This means that the share price will rise as drilling begins, and may get more feverish the closer we get to receiving the lab report.
Such is one of the advantages of holding an exploration stock when a quality discovery is made - market conditions don't matter, there are gains to be had.
That said, I think we are quickly leaving a historically very bad market for metals and mining shares, so discovery, albeit from two holes, will carry a much bigger BANG when it happens, ...assuming it happens.
O.k., so we have one piece of news out. Isn't there more the company is working on, so that me might exect other news on other properties in the coming days and weeks?
I think so!