Thanks wbn.
Not sure about you (or anyone else) but I thought I was being real every time I say:
- I don't really give a stuff about (daily) share price fluctuations (or lack of)
- I've been on and felt the same at 4c and at 46c
- I am in this for the big reward/end result (ie. discovery, build up, takeover, etc)
- Tier 1 Management who are loaded up like not many on the ASX
- Tier 1 Projects and Location
- Tier 1 Management + Tier 1 Projects/Location = very high chance of success/big reward that I am after with this one (potential upside is much much higher than downside)
And as I've also said (in almost every second post recently):
- I have done my research
- I have put my money in, based off that research
- I am holding for a big reward here and not too fussed what happens before then
- everyone should dyor, base their opinion on that and do what they will after that
With results, as I've said before:
- if it's similar to Boda's discovery hole/result, share price goes to $1.50+ (based off market cap gain that ALK had as a result of discovery, which is the best thing to compare it to)
- if results are lower/higher than Boda then it'll likely re-rate accordingly down/up
But if you're missing the point that I keep making; it's that I would love the first hole to come back as 500m+ like ALK's did as that'll do wonders for the green colour in my portfolio, but if it doesn't then hole 2 will, if hole 2 doesn't then hole 3 will, etc.
The Project is there and all indicators are saying that it's bigger than Boda and potentially another Cadia East - that means that with hole 1 or hole 5; Duerden will hit the sweet spot and the massive ore body will be found.
So that's my conviction, my plan and what I expect to happen with this prospect/project/projects/company, and everyone needs to decide on what they want, what risk they want to take/reward to receive, the downside vs upside, time frame, etc and make their own decision.
I am happy to hold here and back the Team and the Project(s) to prove up what is in my opinion a rare opportunity which I haven't seen the likes of for a long time - I could be wrong though and as I say, everyone needs to dyor and decide based on that.
Hopefully my summary helps everyone out with their dyor and gets them on their way to their own dyor/finalisation.
If the results from the first hole come back less than pleasing then I will be here saying the same things I am saying now; if the results come back as pleasing then I will be here saying the same things I am saying now but likely at an increased level/even more.
Cheers,
GB.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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1 | 9200 | 0.058 |
1 | 100000 | 0.055 |
1 | 99999 | 0.052 |
1 | 10500 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
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0.065 | 30492 | 1 |
0.066 | 200000 | 1 |
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