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Ann: Issue of Shares, page-8

  1. 12,035 Posts.
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    You won’t pick the top or the bottom. Mate sold plenty at 0.04 and just paid 0.05 and 0.06 to buy them back this week. Why? Because he figured he’d made a mistake. The more he thinks about the story, the more he reckons it’s cheap. That’s just how this works sometimes.
    The drilling has only just started. Initial visual results look good. It’s going to take some time to get 50 holes in.
    Expect volatility at times. The management knows the game. Just need to let them drill this thing.
    If this right, then the current market cap is a joke.
 
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