my friend with a million shares first picked up the story in the bulletin when they were 8 cents.
shares mag ran a story later on ,on the back page hannan street journal.story went along the lines of 'do you want a stock that may go up 1000%' written by a young resource analyst called adam conigliaro from west oz and plagiarised by shares magazine.
credit goes to adam for drawing my attention to the stock,and he was one of the first analysts to see the potential,and rightly deserves the praise.
anyway,after back of envelope calculations assuming they were 5 % succesful in finding the numbers hdr were chasing,my friend and i had an understanding that the stock would at least double to 12 cents,and we bought,he 1.4 million,myself 2 million,
my mistake was selling when they hit 12,whilst my friends conviction was stronger,and has only sold down 400k.
the rest is history.
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