good announcement and presentation, page-4

Hello beatrice27,

Well this is only me supposing a reason. You have to remember that this share has run up from around 1.8c around 8 weeks ago when an announcement did not eventuate. So i suppose alot of people have decided to take profits now as they would have made a reasonable percentage in a reasonably short time, and good on them to, as this is the objective of the game.

If the share price had of run crazely upwards on this announcement, then i would be offloading some also.

As i have stated before, my average holding price is 2.6c
Now i could offload them now at around 3c and make a nice pay check for the time i have held as i`m holding just under 6 million of these.

But if production and cash flow happens within 6 months time as has been forcast, then surely the share price will be at least a conservative 6c, double what it is now. So that is why i have decided to hold these for at least another 6 months, as i can see a bigger paycheck once production starts.

Regards The Tinhopper