I share the same view, compare to other company going for...

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Kiros

34 Posts.

15/03/18

12:23

Post #: 31774699
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Originally posted by unicrumba ↑

You're absolutely correct, but I also know there is only so much money in circulation in the ASX and that it
moves from stock to stock during certain periods. And I'm fairly sure that some punters hoping for some quick gains did a swap this morning, however long term that is irrelevant but the good thing is by trading this short-term holds by a lot of punters chasing the quick $, there is nice tax revenue coming into our coffins.

After yesterday's milestone announcement here, combined with all the upcoming events that have been announced by management, then one can only blame themselves in a years time for not getting a decent position, hold for 12 months and enjoy the 50%CGT discount...chasing the 50% discount not always a good strategy, but in this case when you know you have a resource that is at the beginning of a major bull run, minimum debt, mine commissioned on time&budget, massive upside potential for resource upgrades and an additional tenement with high probability of containg a 2nd potentialy highprifitable mine location...I think aiming to collect the extra 50% in CGT discount is a compelling proposition, especially considering current access to cheap money.

All IMO

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I share the same view, compare to other company going for production, the value of added resources/réserves upgrades coming makes it a long term hold for me.
No brained IMO

GLTA, K

TAW Price at posting: 50.5¢ Sentiment: Buy Disclosure: Held
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I share the same view, compare to other company going for...

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