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35.5¢ warrego energy limited

Ann: Cerro de Chaga-1 Update, page-75

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adisco

809 Posts.

24

11/12/17

15:50

Post #: 29541200
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Originally posted by acecant ↑

Mate I think u will find there will be an opportunity to get some of your investment back. This stock has a habit of running up in anticipation of drilling results. However, the wise thing to do would be to take cash out. This is boom or bust stuff. Unless you can afford to lose it, I wouldn’t be throwing in the full house deposit on it. DC uses hype. I’ve held stocks such as Eastern Star Gas which he has been lucky to be involved in, however, there have been question marks on some of the results/issues the company had. Fortunately Santos came in, and I’m sure they regretted the acquisition.

I’ve had a small exposure to PRL for some time, and not once believed the rubbish hype and ridiculous valuations on this forum. It was ludicrous. Just remember to be very objective and really scrutinise a poster’s credentials.

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I disagree with DC being a hype technician, hardly any of our ANNs are rampy and the tests done on the location by independent geo's were completed years before DC bought it.

I would agree that you should reduce your risk @Fast&furious , i would say if well two is a duster youd much rather lose 5k to potentially earn 100k than your house to earn 2,000,000. Thats just IMO. Aim small miss small my man.

PRL Price at posting: 1.1¢ Sentiment: Buy Disclosure: Held
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