Chart, page-23

Well, may as well put my two bobs worth in.................

I guess there are successful chartists out there, I know there are because they keep telling us!
There are probably those who may not be as successful - and you won't hear from them!
The same applies to the longer term holders of speculative stocks - some win and many lose sadly.

I briefly study charting a few years ago as part of a wider course and did well at the theory - apparently!

But please explain to me how a chartist can forecast a 1000 carat diamond find or a kimberlite source discovery. You may study the charts and elect not to be in the company at the time because the charts look poor to you (lower lows, candlesticks, red hot pokers, three bottoms, bigger chair required me thinks! - whatever it all means). The announcement comes and you risk missing the initial spike in price which could conceivably be massive.

I for one am not willing to take that risk. In the meantime I will continue to hold and rely on the company coming up with the goods each quarter with the alluvial mining. If that happens, value will follow in the next 6-12 months.

This is more a matter of just believing the story and waiting.