Ann: Diamond Drilling Underway at Mt Alexander, page-167

Hi ozblue

About that other nickel explorer (MXR...no need to be shy) ... you came on this thread and said...

You're correct, it's a spec company, but with all specs it pays to put your dollars where you get the best bang for buck. I'll always preference a company drilling a 600m X 400M target in an undrilled area over a company drilling a 13M X 10M target in an area already looking like Swiss cheese from all the drill holes, without finding anything major.. ( https://hotcopper.com.au/posts/57324236/single )

and...

IMHO there is always more bang for buck in a junior explorer drilling a 600m X 400m conductor than a 13m X 10m conductor, but that is just me ( https://hotcopper.com.au/posts/57298979/single )

basically holding this company up as a better prospect ..... now you are boasting how clever you were to sell before disappointing news.

I am always keen to learn from others (and certainly don't want to miss out on a good thing)...so after your boastful posts I had a good look at MXR... what I saw was very early stage exploration with low grade intercepts from a variety of depths. Nothing about it indicated (to my eyes) that expectations of anything better at depth should be assumed. I followed the progress and wasn't surprised in the least that their first attempt disappointed... (not to say that they might not find something but the probability seems low... imo).

The exercise however was useful. It confirmed my assessment of your capacity for good judgement.

In another post you boasted...

I'm sorry I've been accurate here, which has meant bitterness towards me by those stuck in this company, but doing the in depth research here is helping me in continuing to learn about what makes good companies and prospects and what to avoid. I still have a bit to go and only been doing this for 40+ years... ( https://hotcopper.com.au/posts/57148508/single )

40+ years.... I am sure you must have had a few wins in that time...