Surat and Andres, I have been dealing with this company for years, admittedly I wrote them off before because I was more interested in there ground for gold around Sofala NSW. The significant Nickel intersections at Roe Hills was announced to the market in Dec 2010 this is nothing new. The company has had many capital raising/shortfall placements which in my book = dilution, Anyway I have made a nice profit on this stock in the past when there were options orooa. Anyway so I have re/entered this play again at a price that is already a profit but I like what I see as new management and direction plus as the "nearology" goes. This for me is still bottom draw, a little different to how Andres explains it as yes I have seen it referred to as a "bottom draw" investment where as you've pumped heaps into a stock and have done too much money to care . Andres I agree with your assessment of what makes an investmentbut more for me its about trends. I travelled to Ravensthorpe WA the day after BHP shut the mine and saw hundreds of people without jobs crying in their weetbix. so I do some reasearch my sights were not on nickel .This is old news as far as ORO goes. This is all about having some skin in the game and I don't care how logical you or your charts maybe nothing seems to make much sense at the moment and the more you try to understand it the more you'll do your head(s) in. Investing on the markets at present is no diffent to the races don't bet with more than you can afford to loose. I have tried to always invest with reason and common sense but none of this works for me. Information available on ASX sites is not reliable because if you have an issue with it go and complain to ASX or ASIC and see if they care. Call lifeline they care or at least listen. As far as my "cheese sandwich" theory, it is when I go to make lunch (Cheese sandwich or cheese on toast your pick) I get back sit down and bamf you have an extra 100k sitting in your account, this simple theory is "it will happen when you least expect it to". Good things come to those who wait. Bottom draw/wait/bamf/luck that it sorry
DKO Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held
