Good old fireside chat, page-1436

Looks like a few people sold some on the news today. With the sp within a few cents of all time high reached yesterday, and drilling announced as started, there are many holders that would have sold some shares to minimise risk when the brine results come out. If you have a 5 to 10x gain at these prices it would be prudent to free carry all or some into the results. This is what we are seeing today IMO. There are probably many that will hold 100% till the results (100% risk exposure) and there are others who are yet to buy any shares and waiting for the results (0% risk exposure). I expect very good returns for the risk and although the sp might fluctuate a bit till results, I expect it to be a lot higher once results are out. Current range is 22.5c to 28c.