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22:48
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Originally posted by DigDagg
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Apologies GP, my context here for short term is something like two years or so. We are talking about the mentality of the people who manage insurance companies and superannuation funds. These people are the patient players in the market. At this stage there seems little doubt that Hemi will become a world class mining operation. The infill drilling has to be completed but with the funds in hand and the drill rigs under contract that task is a foregone conclusion - it will be done and likely within a year. Once they have a measured model of the ore body the rest is a process to a reliable income stream generated by a mining operation that is mining base money because that is the essence of what gold represents in our financial system. You could put London to a brick that the price will go up when they release the BFS. The only question is how much.
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Absolute Gold DigDagg and why my attitude that comes through my posts is I don't give a fk about the Cap Raises .....how there done.....what the SP is and where it goes through the ups and downs because I am a investor in one of the biggest finds in Aussie and just hold and hold and hold and gather on the lows. I feel those who have bought and sold and post so as being so pathetic compared to what I expect to gain on my long term holdings just in Capital gains discounts alone compared to there I'm out then I'm in and etc. As long as they keep finding I will keep holding with a very peaceful mind. Thanks for that Diggy.
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