its about time for some life to jump back in., page-26

G'day Rbgould2008. Fair enough mate. I suppose it's a matter of "is the glass half full" or "half empty" when you buy or sell or post.

It was only a few months ago that the half empty group were forecasting the SP down from 5.9 cents and I'm sure many of those who now wish they had jumped on board.

From my research & again IMO I still see the current SP as great buying at these levels & expect much better things to come.

The questions remains do you buy now, sell now or hold and it is a hard question for new & experienced traders. Like most things in life sometimes new comers with no fear of loss can be the winners as they continue to hold & let their nest egg grow. For the rest of us we battle with the fear of loss balanced by the fear of greed, both controlled only by our risk tolerance which has seen some LT holders jump ship and I completely understand their reasoning.

While I like many others would like to see the Senegal lease extension decree in writing, Kora is a big thing in it's own right with other large targets nearby & IMO we will see the big boys buying up big over the next few months in the build up to Kora spud, so I see the current risk levels extremely low.

Personally I watched Hardman for many months seeing the SP fluctuate radically in the lead up to the Chinguetti spud. This is very similar to FAR's SP at present & as HDR holders have posted it was those with a vested interest in HDR buying up stock through varied means. Is this happening to FAR at present?

I was inexperienced at the time & still rue the day I pulled a 10k buy order prior to drill results & watched the following day as the trading halt appeared at the same time I decided to place the order.

That order never eventuated for HDR options which re-opened 7 times higher if my memory is correct. I've tried to wipe it as personally I would have preferred to have lost $10k then the missed opportunity. IMO FAR is shaping up with more potential than HDR - time will tell. These stocks move that quickly on positive news IMO you do have to be in it to win it.

So I welcome aboard all newcomers like matty999 for having the guts to take a position & hope he makes a fortune as really there is no safe thing as a speccy, unless it holds over 20,000 sq km's of West African offshore leases.

Good luck with your holding

Cheers


PDYOR