POK 0.00% 20.0¢ potash minerals limited

something doesn't add up, page-22

  1. 3,159 Posts.
    Mightandpower - Where were you at 10c with your words of wisdom?

    I 100% agree that the price rise from 60c to 140c was speculative hype - I even expressed my concern for the "re-valuation" just prior to the D & D report. IMHO POK is not worth risking my cash above 60 million. So far...

    Fact is - And my facts are based on the information released by the company during the last 12 months - They have hit potash in areas "clearly documented" as theoretically expecting lower grades. This is a positive for their theoretical resource estimate and is encouraging when extrapolated to the fed leased areas... Again IMHO.

    You are expressing your opinion as if it is fact. Really you are expressing your "emotional opinion" at the opposite end of a bad trade. Don't mix up the two. Good trade, bad trade, win, lose... You're trading emotion, then second-guessing yourself with verbatim "text book" strategy. Only way to win is to be in before the hype begins. It's that simple. I've bought TRH/POK low, I've sold some high. All is going mostly to my plan.

    Now, I personally think you will see POK hit new highs in the next 12 months. This is my opinion, this is what I expect, this is what I trade. I do have a contingency with the trade, just as I do with all trades, I may/will sell. One thing I will guarantee is I will tell this forum when I sell. I have always offered HC this courtesy when I've openly given my opinion as a shareholder.

    If your plan is not working, don't blame the game, re-think your strategy.

    Mitis - Yea I think the historical drills have a lot of merit and a key reason to be invested. If the drill says 30% then yes I expect to see 30% within 50m of that drill. But the reality is, it's not a JORC resource until it's JORC resource. POK is a speculative trade and should be treated as high risk (AKA will likely go bust) until it's not.

    I'll probably refrain from posting any more until we get the next drill result.

    Good luck folks.

    Pat
 
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