BIG 0.00% $2.22 burrendong minerals limited

a b or c place your bets, page-38

  1. 1,454 Posts.
    A is my pick. And my uninformed guess from a novice trader is an announcement before the ASX opens tomorrow

    I think you will find Mr Nicholson was coming back from a sailing trip on $200,000 yacht to Papau New Guinea to see Republic Gold and was coming back and a certain cyclone blew up out that way recently which prevented his speedy return - better back safe and sound than trying to tackle one of those things - I think you may find that delayed him by over a week from the original plans to return. That is not a delay it is just bad luck. You can not sail through those things and are foolish to get anywhere near them

    I think you will find that Mr Nicholson and Mr Kelly are talking and haggling over the price as you do with wheeling and dealing. Mr Nicholson will want as much as he can get and Mr Kelly will be trying to look after his share holders and get it for as cheap as possible.

    I reckon they both want to deal it is just the final price and dotting of the I's and crossing of the T's. That may be followed by a big bucket of assay / drilling results that are due soon as well. RAU will then be on the way to becoming a miner and not a speculative explorer and the share price will reflect this and move to around 30 to 35 cents

    That is what I reckon will happen anyhow but everyone is entitle to have there own point of view. That is just my humble opinion folks

    Hoges from Darwin

 
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