No doubt explorers will suffer if there is a general selloff in the market, but if the fundamentals continue to improve via the drillbit it just becomes a more compelling buy. I'm not bothered waiting, I think we're at the start of a decent cycle. Weak hands everywhere will get shaken out, as will the day traders. Fine by me. I'm happy to buy, and if it gets anywhere close to mid 5's I will be, and in decent size. It's getting towards a SPR type level for the micro cap part of the portfolio. For myself I stuggle to understand people who get overly consumed by TA on these little companies, too me it just seems to miss to point. Grow it by the drill bit. Fine by me.
WA8 Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held
