Quote Originally Posted by JBmurc View Post
After some more study I'm thinking sept Qtr might well add some downward pressure.......high 20's be good buying for a swing trade of the DEC qtr results..might sit on the sidelines with a plan to enter likely later this month ....of course if the PM kick on the SP will move
Sure - might be a worthwhile gamble. I guess how the SP develops short term will be dependent on what comes first:

The Q3 financials (which can't look flash, given that they hardly made money and spent lots due to commissioning cost for Karouni without income form this mine, limited income (likely a loss) from Argentina and added cost of closing down the Brazil mine (Obviously the numbers still can look better or worse than expected) or

good news from Karouni (like commissioning completed and first gold poured).

Anybody's best guess how they are playing it and whether this adds a further dent (or a steep climb) to the SP trend ... in an ideal world both announcements would come at the same time, but who knows?