morning strato,
I don't know what we said that was a lot different than we have been saying for months and of course I hope our feelings don't overpower anyone's own dd -- but I am glad you are with us.
It can be argued that parking money is silly to some, but I would certainly argue that anywhere near 5c is ridiculously cheap for Madam and very low risk.
I would love to see ss on board too - he is an entertaining bugger - an annoying one by his own admission - but a likeable one.
I am continuing to buy - I will get a few more on monday as I sold a bit more of something else on friday late - I assume there won't be any big movement on or near open.
I am expecting the next news will be either some drill update from god knows where or definitely a TI update - I am betting before the quarterly - but that is on the assumption that the quarterly will be out around the 31st ish - like last year.
I am unsure what a good report on TI will make the market do - I have a bit of a handle on the geology process now and although a lot of people don't pay much attention to aircore results - I reckon there are many who are sweating on what the rest of those samples from the two identified structures east of the island hold.
I am not expecting we will hear much about the Palaeochannel
drills - I assume it will be too early.
I measured up the size of the targets dean is drilling - hmmm, bloody impressive.
If - and I know it is an if - if he gets more positives anywhere near the size of the overall drill pattern (and he must expect something - why the hell drill over such a size?) - then when the diamonds go down - I think I will have to buy some of that nail bad taste stuff so I don't chew away my fingers.
Can you imagine what might come up? And if we hit it big - I have no idea of how the market will take that - it's quite possible that we will all be stunned.
I really should have looked more closely at that sooner.
I will be relying a lot on the imput from people like slura, kal, and cw to help guide me through the detail on that.
I know I have said many times and probably bored the crud out of a lot of us about it being dangerous to be out of madam at almost any time - but if we get a signal that there is an ore body below those targets - then one would want to be very much in when those first diamond holes come in -
there will be no buy on rumor and sell on fact crud, there will be no spec. trading done by me -- it could be far too big for that.
Anyone think I am mad? ---------- have a close look and re listen to Dean.
And one other thing that dropped on me like a ton of bricks the other day ------- so bloody obvious I can't believe I had never thought of it.
Even with a major acquisition, even with operations gearing up to 100k oz p/a -- even with all the activity --------
only 3 people were given the floor at the agm
Don - obvious.
CB - obvious.
and Dean ---------- that's how big a deal they think it is.
I must be getting slow - I never even thought of that - to me, it says something.
anyway, glad to see you on board, fasten your belt please.
have a great day
Pinto
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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7 | 198445 | 14.0¢ |
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Price($) | Vol. | No. |
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15.0¢ | 36 | 3 |
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3 | 104622 | 0.135 |
4 | 97732 | 0.130 |
3 | 35576 | 0.125 |
4 | 97333 | 0.120 |
Price($) | Vol. | No. |
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0.150 | 36 | 3 |
0.155 | 24958 | 3 |
0.160 | 7300 | 1 |
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