Admittedly Mandrake hasn't been as proactive as CHN, but that's not to say there isn't news coming! Heck, the last announcement was only 8 days ago, some people simply don't have the patience to sit tight. It appears there have been some weak hands on the registry, I'm happy to see them go.
Plenty of news coming:-
1. The drilling permits are well advanced and we'll likely see drilling early next year, any results comparable to CHN will see this fly. 2. A helicopter borne electromagnetic survey covering the entire 140m2 Jimperding prospect is happening this week and we'll have news on that in the weeks following.
I think some words from the great Jesse Livermore are appropriate in these circumstances:-
“It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. I’ve known many men who were right at exactly the right time, and began buying or selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine–that is, they made no real money out of it. Men who can both be right and sit tight are uncommon.”
Good luck to all
MAN Price at posting:
7.6¢ Sentiment: Buy Disclosure: Held
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