I don't know how you would know, that is why I asked.
There are lots of great directors out there but I couldn't pick an acquisition out of the blue like that. Especially given the global climate - which would suggest security in known/held assets before acquisition of more speculative projects.
I would understand if it came once there was some sort of indication to the viability of the karmaga project.
Even just 2 or 3 more rounds of drill results would sure up confidence and suggest a further acquisition should be brought to the table to diversify the assets. The information currently flowing from announcements, while positive, hasn't sured up much in the way of confidence of viable resource, as reflected in the sp.
As I said, I just can't see how you picked that one given the circumstances. Hats off to you if it was a legitimate pick.
RMG Price at posting:
1.0¢ Sentiment: ST Buy Disclosure: Held