Ann: Wide, shallow gold and more high-grade hits at Yalgoo, page-41

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Cav1111

14 Posts.

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18/09/20

13:22

Post #: 47450068
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Originally posted by ghosta: ↑

John when you have been in the mining spec market for a while you too will learn that one or two drill intercepts does not mean a fantastic project....you need to add in the other 100 drill holes that produced mediocre results to work out what you have.

We are all in this to make money. I bought into this company when Simon took over and he managed to stuff up everything he touched...until now. He is in new company...has acess to a new project and has organised things so that the
principles of the company will be well rewarded even if the project in the long term turns out to be a duster.

So far Simon has attracted a "big name" who I have never heard of before who hyped up the stock, and has pulled off a couple of too "good to be true" drill intercepts in the first couple of weeks of drilling. The market cap sky rocketted as a result.

Perhaps Simon IS onto a deposit with potential. If thats the case perhaps there will be an opportunity to make money. But who will make money when the market cap is wildy inflated apart from the principles of the company?

The trick is to buy when the share represent fair value. The debate on this forum is how do we determine that.

You mistake this debate for downramping- a mistake often made by new players.

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you clearly have an axe to grind.....
I agree with JohnTCH, take it elsewhere.

FFR Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

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Ann: Wide, shallow gold and more high-grade hits at Yalgoo, page-41

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