Ann: Gawler Craton IOCG Exploration SA Drilling P, page-9

re: Ann: Gawler Craton IOCG Exploration SA Dr... Hi Strauss,
I was out at a small profit before the drift down to .004 so do not have any emotional bias to entry and exit. My .004 entry target is simply based on the assumption that price usually goes back to square one after a pump and dump (though GCR is holding nicely- it seems to have benefited!).

Don’t also forget the sketchy market we are in. I am afraid to pay fair price (ie. too much) for anything these days and have no fear of missing out.

Cash too will need to be replenished soon. This and the fact that any people who lost out on the p&d and have held tight on the way down might be tempted to sell out when the tax loss selling cycle begins.

Lots of irons in the fire, so there is always the possibility of surprise announcements. I like management and Gawler Craton is ‘so hot right now’ but would need above concerns to be sorted before budging from my position.