Ann: Yule Delivers First Gold Hits, page-149

Exactly..

come on People.. get some perspective here. You've only lost money at this price if you sell. Fluctuations are pert of the normal pattern, not necessarily predictive of any outcome. A couple of sheep break from the flock which makes a bunch of others follow them and steers the flock in a different direction for a bit sometimes in the direction away from the greener grass and not for the greater benefit of the flock.

we have only had one third of current drilling results from the current campaign and there is another campaign set to go soon after that.

The reasons and logic for getting into gsm have not changed at all. It still has the same very prospective ground, some geos say the most prospective ground of all the deg nearology plays,mostly unexplored.

it still has a tightly held share register primed for explosive action apon good news.

the company has finances sorted for the medium term and for the planned drill programs.

it has some potential income from the cue mine deal should that bear fruit.

it is watched closer by a larger group than many of its peers thanks to strong marketing, giving it a better chance to fly when the hits hit gold.

it may produce dusters from now on and then have a huge capital raising that then goes on to again prove nothing other than nearology is a fools game but it may also strike something. This is why we are here. This is the risk we bear.

To run off after some initial less than stellar results is silly. You have not gotten value from the risk you have paid to benefit from. You have paid for the risk and given the value to those to whom you sold, and to do what with the capital you salvaged? Just take on another unknown risk somewhere else, the outcome of which is equally uncertain.


watching your shares take a paper loss is not pleasing but its not as unpleasant as some time in the future watching them streak ahead day after day well past the point at which you sold them wishing you had the balls to have kept them, or worse, contemplating buying back into them at a much higher price than you sold them for .. because they are now strapped to a frestootnik space rocket on their way to planet jvd1570.