mongolian aquisition, page-89

GROGAN,we know they may never announce anything on Mongolia,but they may,so it can pay to get in earlier.Yes,it's a risk,but I still think now that your not holding,you've changed your tune.
Saying '' have sat on the sidelines waiting for them to tell us about their Mongolian investigations and will not enter unless I see something compelling ie Like TVN and CEO recently.''
You also said that when they mentioned they were looking at Mongolia,it sent alarm bells ringing.Your contradicting yourself.If the alarms bell are ringing regarding Mongolia,why would you even contemplate entering if you see something compelling like TVN and CEO?
You also say they dont even have drill holes like the others,but those companies are further advanced down the track.Didnt TVN and CEO have no drill holes at some stage?
I understand your concern over the recent rise,as this stock has just been a rinse and repeat stock so far.I dont know where to from here,but the volume the other day was significant,so who knows.I understand about protecting capital,and you also said you would rather they announce something before entering,but if a good announcement regarding acquisition came out you will be paying a lot more.It's a risk,which I accept is part of playing spec stocks.It can either way,and yes there has been many spikes on thin air,but that's speculation for you.