those of you that cant remember more than 5 mins at a time may need a reminder of the following:
1. we have seen this all before, in an equally bad market -remember Jan 08, good announcements, share price hammered to 53c from high of $1.68.
2. fundamentals have only strengthened imo - cash, drilling, JORC, substantial holder, maybe holders soon?
3. investing in spec stocks takes intestinal fortitude to do your research and hold your line in times like this
JORC upgrade due within 6 weeks based on company's timetable. No need to wet your pants, sure it would be good to trade this up and down with precision but who has the skill let alone time for this?
Like Mozart, my ammo is pretty much out, but will hold the remainder in case things really get nasty.... much the same the last time I took a fair swing at this one in the mid 50 cents when the earth was coming to an end in January.
load up and look back in 6 months
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