I'm not sure how many posters here were around for the Sirius Nova Discovery back in July 2012, but I was....... Granted times were different then but there was considerable noise about it being hyped up and overbought. At that time I was a holder at 5 cents and remember very clearly the confusion surrounding the initial announcement, at 5.7 cents, and the subsequent events of those early days following the announcement. They were very exciting times BUT it was not a clear upwards progression of the SP by any means. In fact, in the first couple of days the SP rose and fell in a fairly wide range. HC was full of doubting non-holders who were predicting that the SP would fall back to low levels. The Nervous Nellies lost their nerve and sold out much earlier than they should have due to the fear being spread by the downrampers who were greedy and wanted to buy at very low prices.
Indeed, the first week saw only modest gains (compared to what was to come) and the SP bounced around with no clear direction. Then people started to look more closely at the potential of Nova. The results were yet to be conclusive but the rhetoric suggested a new "province". Mark Creasey didn't sell a single share at that stage. The rest is history.
Now, I'm not sure what people were expecting from the latest LEG announcement but, in my opinion, initial results look very promising. There will definitely be more good news to come based on these results and so it is only a matter of time before the market will wake up to what is going on here. In the meantime the downrampers will be chasing cheap shares and within a few short months there will be a lot of people who will regret selling at low prices - I've seen it so many times. I firmly believe that this is a success story in the making and I will certainly be getting on board when I assess that the SP has stopped its short term fall from 12 cents. When that will be .... I don't know, but I'm sure it will be before the next set of results if the SP follows the same path as Sirius did. My guess is that in a week from now those who bought in at 11.5- 12 cents will be happy they did (but they will struggle to hang on to their shares as the downrampers will be back in force!). I am not suggesting that the MC will hit $1 billion, as Sirius did, but until we see how far this deposit extends anything is possible. For those of you who are not familiar with the Sirius story I suggest you do some research on what was initially announced and the subsequent price action..... start at the first Nova release here on HC (
Post #:10482680) and see what happened from then on.
You know what? I think I've just talked myself into jumping on board the LEG story sooner rather than later! GLTAH and congratulations!!
