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rrs still strong no bounce needed, page-74

  1. 27,390 Posts.
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    thanks JW,

    good to see the presentation, wasn't even aware of it in its video format.

    So, now having seen it, heard it, i may comment from an informed perspective.

    I think, he may have had a cold or something, but the message was nothing like a broken glass one would get the opinion of from some of the negative posts.

    I think he was simply being realistic, in adressing both the caution to risk, as well as presenting the upside.
    It was a balanced presentation, as aposed to a rosey rosey one that we have seen previously.

    But he didn't really tell us anything we weren't aware of in terms of risks. Just pointing out to all newbies, that, with great opportunity goes in hand with equal risk.

    He could have just painted a rosey picture, but to his credit, as direct and honesty is respected, gave a balanced perspective.

    Of course no one should put their house into any one company.

    He was adressing the need for all investors to diverify, but also to have some stocks with blue sky potential.

    He notioned, on the one prospect, that the MC could be 10 or 20 times its value if the drills confirm their thoughts.
    And then there is the other onshore prospect, as well as offshore. So, upside, and more upside, cautioned with regional risk.

    And as for t/o, if the money is right, take it and move on.

    But from the lows we are at right now, my glass is still half full, and always happy to be informed factually.

    Thanks all.

    cheers
 
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