FAR 2.00% 49.0¢ far limited

june stock picking competition, page-4

  1. 824 Posts.
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    The current volume slowly waning down on FAR, in recent days,clearly shows the exit of the shorters(punters)whom don't have the appetite to risk the possibility of a discovery.Those that have hedged, will hold and cover their postion.

    The volume that will be traded over the coming weeks will continue to subside. there's only two traders remaining, the long termers that will get cold feet(or like myself, continue to hold) or those that will run a win or lose attitude in a short term investment, and these traders normally buy in small monetary values.

    The stacked zones times four we are all looking foward too, all sit at 4500m+ depth, and I agree with Phillip as mentioned earlier we are still probably at least two weeks out to first zone.

    Any spike or dump on massive volume in between this time, will either send our heart racing in anticipation, or leave us bleeding in the thought of loyalty.(Many insiders have a pre-paid ticket)

    Sam may have been a bit frontal, but when left in an eggshell with promising thoughts, the reality Sam provides, will honestly exist in most holders minds as a discovery, or very positive outcome in Senegal is required to meet the large market cap Far sit on.(A large portion of maketcap is the 150mil+ free carry)

    I have been punished with greed in the past.There is never a right time. four zones,WOW amazing, realistically one would be lovely.Then the future of Far will continue to grow,Cairn may get themselves out of a recent world of hurt, and our portfolio in the African region can continue, East and West.
 
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