I have to smile carringbush,
the Metung crew....(had a few beers with those boys over the years) however as per my previous and earlier posts stock was priced waaay to high at the time "my investment money"...
...risk for reward.....
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Wasn't the director whom just bought more (per announc) a good friend of the "The Big H" metung investor that notified the ASX of a substancial holdings?? :-)
Also perhaps?? a large holder in the Omeo region only said a month or so back... stu#f this, I'm going to trade this sucker like everyone else is doing...only to realise that the trend is down....:-) and hard to dispose of unwanted additional holding when others are doing the same?
Perhaps some that bought in the original "spike" have finially come to "see the light"...they paid toooo much at the "time"??
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On a serious note...do we know yet "What they have" in a resource estimate?
Will they have the "cash" to start and complete
tunnel(s) and machinery (I heard bobcats etc) costs?
Winter is approaching and it gets bl##dy cold up there...Can easily get "snowed under (soon) at this time of year"?
Yes I saw something the other day about "investigation", however did not take much notice...however it does make you think???
The stock code "LEG" has had some pretty impressive finds released to the market, however market is selling down atm? One of the main differences are that one stock is liquid and the other isn't...
Anyway I'm still on the sidelines waiting for a "low risk" investment....if it occurs?? If not...so what...there are many others out there!!
good luck
I have to smile carringbush,the Metung crew....(had a few beers...
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