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Strategies & Market Trends : Ride the Tiger with CD
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To: UPTICK who wrote (171794)7/19/2009 11:16:04 PM
From: Claude Cormier  Read Replies (1) of 312496
 
Not necessarily. It is a very nice speculation with potential for a significant resource of high grade gold.

But it is important to understand that it is a young drill play and that future drill results will tell how good it becomes. Market cap is already $115 million plus fd. so it could come down if future results are not OK.

That is the essence of a drill play. As good holes comes along, the stock gets more and more overvalued until all that has to be seen has been.
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