fatstocks..what are you thoughts on the rise, page-19

thx,
yes, the 5th pilbara tenement you refer to is wallal downs, I don't know anything about what some people mentioned this week about a new 6th tenement......the one you refer to has a magnetic indicator 25km long anomolous strike target and hasn't been scratched yet. Interesting to see the Cape Lambert sale not include a 3km strike target they want to keep and there is a guestimate estimate of it being $300m value.
No real relationship as the cfe tenement is west of Port Hedland and the GDA one is East but relativity is something that is reflected in known value and potential value and the timing of entry is the risk quantum.
As an example, have a look at Flinders price and the change in it based on the known value and the potential value. There are still a few doubting the Flinders Iron-ore quantities and value in tenement 882, the same negative sentiment existed going back several months before the 1000% sp increase Flinders had. What and how was the market valuing fdl .......at what? before it occurred. Those negative on Flinders before the penny dropped as fdl was trading around 1c to 1.5c and the options were .002 said what? when? as it went to 15c? I researched Flinders and have held it for a few years as I have GDA and I see similar upside for GDA in the next 6 months. Flinders is a few months ahead of GDA in the evolution of its exploration commencement and the what if debate always happens prior to resource discovery and resource proving.
Was a $20,000 investment in Flinders at 1c a calculated investment, a gamble or an investment in a longer term strategy with enough potential areas of share price upside? FDL and GDA both have it.
There will be negative sentiment in between announcements and the sp will drift lower during these times. But like Flinders first move, Gondwana's first move is yet to come. The good thing about Gondwana is that it is looking like the fewer number of shares in GDA than FDL has the sp for GDA higher than FDL's before the first move. As each stage of the identification and proving of resource through to the decision to mine and so on, the sp should reflect the increase in certainty and a reduction in the "gamble/risk" reality.
Food for thought based on where I see the two companies.