watso boldly claimed a few minutes prior to opening that the...

watso boldly claimed a few minutes prior to opening that the stock "should fall today", this was despite the fact, that it was obviously going to open stronger.

at about 10c, the gdaoc would come into play which would mean that the company would have about 450m pieces of paper, and a fully diluted market cap of about $45m .. whoa whao whoa , the drilling at parker range continues to prove that the prospect is a dud..

just look at the report in relation to the drilling at parker range - but most of the intercepts were about 1m - which probably indicate a true width of about 60cm. even if one assumes that the reef, runs from surface, down to about 70m, and assuming a specific density of about 2.7, then that would equate to about 1000 tonnes per linear meter and the grade is pretty ho hum. the problem being is that the strip ratio would be horrendous

this is all a bit of a joke - the company is questioned the other day about the increase in the share price, and the company responds with some wishy washy explanation.. what an absolute joke - that was not the reason at all, but the insiders were getting set - and they dumped into the gullible this morning

fs already has about 1 billion tonnes as a target... lol - some iron ores might have a sg of about 3, and others about 6. just to put things into perspetive, but a ground magentic survey will pick up a fenceline, and that would give a signature for several metres either side of the fence
fs was already building ports at wallal downs, on the basis of something or the other - and .......

the whole system is a joke - it was the insiders that were buying this stock in the previous week - but they will not be prosecuted. a year or two ago, there was a hc poster, who was charged by asic, on his buying of andean - but he also was posting his information on hc

gda - high for the day 9.7 ... low for the day 6.4

it is only by luck that ordinary people make money on these types of stock - these people are the mugs, and are needed so that the insiders have someone who will buy their shares