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Harls,It is at emotional times like this where we can make some...

  1. 3,704 Posts.
    Harls,

    It is at emotional times like this where we can make some of our worst decions. Please keep these facts clear.

    1) The Scoping study is overdue, it could be released anytime.
    2) The TSX listing is overdue (two days overdue) so it could be a reality any day now.
    3) The Maiden resource statement is about 3-4 months away.

    If the scoping study is negative you will lose money. It is a risk. What do you think the scoping study is likely to say? Your judgement is what you are betting on.

    When the TSX listing happens I cannot see that it will be a negative. At worst it will be neutral but it could be slightly positive. If the scoping study is positive then the effect of that will be magnified to some extent by the TSX listing.

    The Maiden resource statement can be positive if it exceeds market expectations, neutral if it matches market expectations and negative if it less than the market is looking for. It is a roll of the dice but again you can use your judgement in the lead up to guess at what the resource will be defined at.

    In my mind it is worth waiting for these events. Believe me when I say that I understand the desire to say F--- IT!! and walk away, start afresh somewhere else. I guess I am just saying I have waited this long and I am a Bee's proverbial away from significant events, I will wait just that little bit longer.

    Hope this helps.
 
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