stackey, please elaborate on the 'ever decreasing price of SDL?' It's consolidated around 50c for weeks now, and was sitting at 11c 7-8 months ago. So it's risen about 300-400% in that period of time, but you call it ever decreasing? Come on mate, how about returning back to Earth?
unhedged, I doubt it will fall to 4c, and to be honest I'd like you to point out where I said it would fall to 4c. I said it may go down slightly if there was no news for a while, as speculative stocks tend to drift a little lower if there isn't any news for a period of time. If you read my previous post, I said that picking up more land is a good thing. The next logical questions to ask though are how much was paid for the new land, and how is exploration going to be funded? Sorry if I take a far too pragmatic view for your liking.
As I've always said, I think this share is long term buy if you are prepared to take the risk, but that doesn't mean I wouldn't ask questions about it as I decide on whether or not to enter at current prices.
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