Hi All,
Been in Ord since the last raising.
I'm not sure if this a pump and dump, but hard to see how the recent run was justified.
My apologies to whomever I sold shares to last week.
The recent announcements really haven't added much new to the ongoing story.
Laos remains a long term maybe.
Drilling at Supplejack was flagged ages ago.
Caledon option might, or might not, make the company money.
Copper Flats has been in the same state since Noah was a lad.
When there are some actual drilling results, an actual IPO, an actual takeover of Caledon, time to get excited.
In the mean time, I plan to hold a piddly amount, and buy as much as I can, if they happen to produce a deeply discounted capital raising[this sort of company always seems to have room for oversubscriptions, maybe all those ineligible foreign shareholders].
Although that plan looking a tad shaky, with my very optimistic bid at 6c, starting to look less crazy.
Not one to bet the house on.
cheers
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