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15/02/17
15:36
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Originally posted by thunder54
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True it's been aggressive, it hasn't been helped by the entire douze prospect essentially turning up blank besides a very small high grade area, douze was the main reason for the initial run from 2.4 up to 7 cents.
The Kebigada drilling has also been far less successful than anticipated, I think there was an assumption of an increase in footprint, the reality has been that patchy drill results have put question marks against what was already assumed.
That combined with now probably a 6 month wait now till a resource comes out it's just a giant sheet storm of unfortunate events.
I am putting a pin in it for now will watch the assay results when they come in, if they provide consistency in around 5 months from now when every one isn't paying attention slip back in probably for around this price and make a nice profit when they do announce the JORC.
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I would agree with you if SP was at 5-6c.
At 2.7c it's a great opportunity right now.
Edit: Held
Last edited by
tomac :
15/02/17