TLM 7.50% 21.5¢ talisman mining limited

Ann: Doolgunna Project - Exploration Update, page-321

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  1. 12,263 Posts.
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    HappyCats,

    Maybe it is the time to stop being sceptical of the clues being given by the company.

    I was the last person to post on HC in the 24 hours before the original announcement. I asked the forum if this play was dead at 18cents. I got one response. The market was asleep and I didn't follow my gut and buy at 18cents. Then the announcement came out and I went to pull the trigger based on the believing in the good faith of the wording of the announcement at the 40cent level, but the sceptic in me prevent me pushing the button.

    Now when do you give up being sceptical and just buy on the fact they are going to drill a hole 80m away. That seems confident to me.

    I suppose the market is settling now at these levels so 10cents up or down won't make any difference in the next step jump if it occurs. It would just be nice to know what the ultimate value might be if we have another DeGrussa but at these depths (ie minus the direct shipping ore, supergene ore)?

    Eshmun
 
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