SPR 1.08% 93.5¢ spartan resources limited

Ann: Significant Assays Results Outside Never Never MRE, page-67

  1. 3,866 Posts.
    lightbulb Created with Sketch. 2553
    Lol yes you caught me out Spec.
    It's been a great year trading to be honest.
    I've made good money trading WGX, PRU, ALK, WAF, CTM and SSR hence the reason I could afford to buy more GCY.
    It's been one of those years where it pays not to be a buy and hold investor.

    My worst performers by a considerable margin have been AMI and GCY.
    I've over doubled my GCY holdings lately having purchased the majority between 10c and 12.5c so needless to say I'm pretty stoked with how well the drilling campaign has gone thus far.
    Luckily enough I have also made a bunch of my money back on AMI having bought back in at 9 to 11c and selling out again a few weeks later at 15c.

    Here's my latest table that I'm running with for GCY's very rough 5-year production estimate.
    From what I can tell SL's 5-year plan appears very doable.
    I'm fairly certain NN will have a much higher Reserve Conversion ratio than my conservative 50%. It's also really heartening to see the NN resource grade improving as this will make a huge difference to that 5 YR mine plan.
    https://hotcopper.com.au/data/attachments/5345/5345742-1e1a87fc985ac658aa252fa4e5029852.jpg

    I have tons of different tables and graphs which help me make my investment decisions.
    People might think it's a waste of time but the way I see it is It's better to forecast and be wrong than to just trade on a tip or a hunch.



    Here's another one I think you might find useful Spec.
    Make of it what you will.

    https://hotcopper.com.au/data/attachments/5345/5345744-1d2efa01185dc6f6966b1b9cc4f915ff.jpg









 
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