BSR 0.00% 1.3¢ bassari resources limited

Ann: Makabingui Gold Project Update, page-15

  1. 2,522 Posts.
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    True- we seem to be kept in the dark,
    maybe to keep predators at bay?
    As you point out, the infill drilling should allow a production estimate.
    From memory (not reliable...! .....2017?) there were figures touted as to what production would be. Asculpeous only bought in in 2018 and can only admire those who have stuck with the stock for so long.May they hang in there and get their deserved multi-bag rewards.

    Stocks tend to go lower on the downside and higher on the upside that we expect and make allowance for.They also take longer to do it than most can bear.

    Asculpeous takes no credit for this wisdom but it seems to work out in reality....part of the reason why Asculpeous posed his last query, and also trying to shore up the troops to get their just reward and not cash in their chips too soon(...thinks to self :? Saviour complex.....danger of self delusion....WTF ...post anyway).
    There have also been a few obvious P and D operations in the past on this stock,however once we see actual production, those who sell believing it to be another P & D will be sorely disappointed.Do not feed the vultures! There will come a bevy of downrampers who will try and loosen frustrated holders.

    All IMO.Have seen it all before. History repeats-just the details vary.
    When the T/O comes it will be pitched below decent value but adequate enough to satisfy long term holders who just want out.
 
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