Ann: KNB intersects visible gold in second drill hole at Enmore, page-27

You are right, I probably should have stayed longer.
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Last couple of days, KNB has played very strongly. Today was the best.
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I have provided reason why I got out. I was holding for some time. I exited in front. And most importantly, the seasonal play that I do in Uranium was coming up. So I thought instead of taking risk around drill result, I will play a game (in Uranium) where I know inside out having played very closely for last 4 years. So bad timing. For me. But last 4 weeks Uranium has already given me one big break, 20/45% gains in many stocks. I bought lot more today, playing for round 2.
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I did play this week, but mostly from 3.8/3.9 to early 4s - few times, around 10/15% or so, more like day trading. Key was 3.8, which I had written last time as well. But if I had held and sold today, I could have doubled it. But exited all today, again.
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Someone else commented on my post around exiting, in essence saying that holding gives the greatest gains. And that is true. But only if result is positive. So that person may be right, but its individual risk reward. The price has risen strongly, so it has some credence.
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So where are we? Overall looking great. announcement should come next week. And there is nothing better than having a good rise, making new 52 week highs leading up to it. And your biggest supporter is going crazy. Mr Datt. And now we also have @W3hunter on to it. He is great guy, love his charts. He feels something big may happen, there is a big possibility.
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Is there anything negative? well I shouldn't say, or I may be wrong again, or get slammed. GUE sold 35m shares to Datt at 3.2 end of last week. If something big was to happen, soon, can GUE not do enough due diligence and wait for another week or so, that may have converted their over $1m to over $2m. Why didn't they do that? Secondly, most of the buying that happened this week, looks like Datt was the buyer. Why are others not buying? What happens if Datt stops buying? In October a large raising was done at 1c. There may be lot of good gainers to be wary about. Most of the big buys has been happen by Datt, even picking big one at 3. So one man army - its positive, but can become negative.
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Anyway guys, overall looking great, but for now, till the news, I will be day-trading as I did this week. Half the gain, half the risk. But for all holders, I wish you well, and lets hope something big is brewing. All the best.
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