buying mako

Hi bloggs
Just in response to your question, why I bought oppies, which I completely understand your question

"I know it may indicate strength-I just cant see why you would buy oppies at a 5 cent premium to heads?"

I guess everyone knows, that unless there is a disaster of some sort, that mak is likely to move into production, or near to, in 2 years, give or take, and the sp will be likely $20, give or take, based on how things pan out (some think a lot more, and some probably think less)

So, I bought mako this morning, and will continue now to accumulate along the way, because when mak moves from $2.06 to $2.60 (26% gain), mako moves from 1.70 to 2.36 (35% gain)

As simple as that - greater gain, not taking into account conversion of course, but I will worry about converting down the track

Just giving my reasons.

Cheers,
Wilson