Just looking at this now for the first time, it looks like free hit stuff to me. It's clear that this company almost always runs leading into a drill and with a decent rise. My analysis shows:
Feb16 to Mar16: 0.6cents to 7.4c
Jul16 to Aug16: 3c to 6c
Mar17 to Jun17: 4c to 7c
Nov17 to Apr 18: 1.7c to 5c
Oct19 to Jan 19: 1.2c to 2.5c
Secret is to not be greedy. Buy now leading into the drill, sell half when it doubles, rest is free carried. If it goes ass up, you lose nothing. If it hits pay dirt ie oil Bob's your uncle.
Of course there is risk, there always is, but if things go sour, from these levels what's your down side? There's going to be interest leading into the drill, but if the rise doesn't meet expectations you can always sell closer to the drill and still likely make money or get your money back.
The issue in investing in these high risk plays always comes back to greed, investing too much, expecting unrealistic results with unrealistic success rate valuation. Invest in speculation only what you can afford to lose should the worst possible case happen.
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