3rd time round Towie and you are 100% right. I originally backed the truck up so to speak first time round and jumped on the rocket ship of a gold company to excel. (Fundamentals and chart analysis to point in a positive direction) and this was the initial spike hit LNY to 0.016. I have followed in great detail the movements of LNY since.
My post was to highlight that money is to be made off LNY and yes that cycle does exist!
I personally believe what LNY has sitting in the ground at Agate Creek is a bonanza zone and that is why the BOD is deliberately holding back. IMO. In saying that you would be crazy not to jump in on the action of a speccy like this.
BigMarn would be one to be riding the wave on the right side, big gains to be made if your on the right side of the cycle. LNY is now dragging because of confidence - can any invester say they would not expect the price to drop down to 0.005 or lower?
Ann: Laneway to Resume Gold Production from Agate Creek, page-87
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