Ari:
I had an opportunity to speak with the IR, and review the release.
Indeed, the results are excellent, and promising.
I would say that to me, the most significant aspect of the stock's
behavior, was that there was no sell-off on the news, but the
stock actually rose. On the other hand, the fact that the stock has held up after the news release is a very positive development
for the resource sector in general, as we may have entered a much
more favorable time-period for the resource sector in general.
A number of stocks are off their lows, but they have a number
of characteristics including an excellent project ( not just hope)
great management, the funds to develop the project, and of course
the promotion. Maracote fits all of these to a capital T. Thank you
Ari for bringing it to our attention.
I agree with you that we are at the beginning of a very prospective
resource play, and it makes sense to hold throughout the drilling
season, and for the longer term. For now, I will be buying on any
dips.
Regards
Dan |
