Thumbs up from me as everything you have written makes sense.
However, I'm confident this will be 1c once the drill bit gets going and from where I bought in that's 100% return.
As I've said before, I'm happy to take on the risk of holding a parcel for 12 months plus as well.
On the flip side to your thoughts is the chance (which is pretty high in my opinion) that Big Rod finds more gold outside the current known reserves. That's where the multi - bagger chat becomes more of a reality.
These plays aren't for everyone and ultimately it's about an individual's own risk profile. I think everyone understands this doesn't fit your strategy - which is fine - it doesn't mean others won't make money out of this company though.
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