SPR 2.32% $1.33 spartan resources limited

A Bad Joke, page-20

  1. 317 Posts.
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    Be interested what Spec has to say about this.
    From the laymans' perspective this looks like a 'yahoo' moment but understand, possibly, (but unlikely) a concentrated/isolated hit; only further drilling will tell.
    Question is whether to buy the 15k @30c , or not? Bearing in mind what I said in a previous post that the wimpy, profit takers will sell out at mid 30's for some time to come until the patient, confident/optimistic investors get the rewards of another 1m oz or so, extended mine life/wonderfully high grade material going into a well constructed, commercially viable mill. (Plus possible take-over bids?)
    My strategy will be to let them do their thing for the next 6 months and see where it goes.
 
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