With excellent news from SD we could see daily volumes of 50 million plus per day for a while, which would naturally let those who want to exit early get out and move on while the market adjusts in finding its new level.
I must admit i was very naieve to be buying this coy 2 years ago at an average of 4.5 cents.
Yes dont remind me, but hey i think with a market cap of
8 mill which is much lower than it was back then.
So even though we now have an additonal 1.5 billion shares on issue, but which are now offset with a lot better prospects in a much more advanced stage of possible development.
Strangely enough we are definately in a much healthier and better position now than ever before.
So Im willing to take another punt on this one.
I think it is a buy right now and have been putting my money where my mouth is, and have been buying for the past several months and brought my average back down to a respectable .09 cents.
I admire the new comers whos average is .5 cents for they have a bit more wriggle room to benefit or lose less,
but Im even more confident and comfortable this time around just based on SD and a newer better looking FP.
but yes just hope the new management dont stuff it up.
Now Place your bets
Cheers LWR
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