"They all had a chance to move earlier at lower levels. But then again, if Dalgaranga continues to shape up as a long-lived gold producer of high-grade gold, it is anybody’s guess."
Was discussing this yesterday with a couple of associates .
In the last 7 years too many MDs have been trying to get verification from geological computer models to make investment decisions early on , and the boat sails away from them . What happened to the Bill Beument /Paulsens / Bill Turner (Dikilushi ) ,Michael Kiernan (CSM) type deals where they saw opportunities and striked while the iron was hot . RMS should have been all over this at 12 cents .
The geological modeling does not show the potential at depth or the potential with off take partners (FMG) that only humans can imagine
Anyway I am not going to complain the last 7 years incompetence in M&A by concentrating on finite results from computer models by some supposedly sagacious companies has left many opportunities like this on the table for small players like me to scoop up .
Yes do get it wrong sometimes............... G1A
SPR Price at posting:
91.5¢ Sentiment: Hold Disclosure: Held
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