cheers,
I was straight up on the E79 thread and did say regularly that E79 was an absolute nearology gamble and to only bet what you are prepared to lose 30% of to cash backing. It was either a giant upside reward or 30% downside from a .03 entry. If they drill Patricia south along strike at a .018 entry (less than cash) is a fairly asymmetric bet for the loose change gamble. It is entirely different from my long-term positions in fundamentally stronger plays like OZM.
KAL, imo could be onto something. But only at the right price would I look at it.
Anyway, I'm accumulating OZM on weakness like most here. I'm open about that. If there's an unexpected CR, I'll fully reload.
It's a race between HL production (cash flow) vrs cash at bank depletion. Who wins is the million dollar question.
Long-term OZM, imo will succeed and intend to be 100% part of that.
Don't forgot the Lassonde curve and timing entries, it seems to be playing out on a small scale here as we transition from explorer to production phase, taking profits isn't always silly imo, worst thing you can do is a round trip, imho.
We should all make money on this one due to AP's tireless efforts.
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