Just an update from what I have been writing last few weeks.
.
Last week we were in Trading Halt. I had written I had hoped it was not for Andover. Especially after seeing the rise previous day. I was hoping the rise is genuine. The odds of that happening would have been much greater if it was not Lithium. I felt that if it was Lithium, the rise may not be sustained.
.
But why do I say that? We can have monster results. Of course. There is always a chance that something big may happen. Over last 3 years I have seen how a lot of stocks have played nearology etc. Over 100 stocks. Unfortunately, not a single one has been successful. Yes, not a single one. Including 20 to 30 Canadian plays. So the odds of nearology happening is less than 1%, in fact much below 1%. So anyone holding to play nearology has a very high chance of not making it, unfortunately. Odds are not good.
.
I know there are many faithfuls out here. With high hopes. Some may carry that hope. Some may start thinking differently. Reason I write and provide figures is all about probability. Odds of winning. There is always a chance of winning, but its the odds. When we play Lotto, we know the odds, or at least we can calculate. But playing these stocks, nearology etc, its not straight forward. So its not easy.
.
.
So what could happen now? Based on recent results, chance of a major Li discovery has receded, I feel. It can always happen, one good drill can change everything. But we have 100s, or should I say 1000s of other companies, all looking for that 1 drill. Over the years, multi-years, but with no success. So its not easy. Odds are not good. RDN has now joined that list.
.
I still hope something good happens here. Getting to 1 would be good, for a start. Lets hope some other results comes the way. All the best.
(20min delay)