Hi 1 for 1, Yep, I now know exactly where you are coming...

Hi 1 for 1,

Yep, I now know exactly where you are coming from....a very well constructed reply (often missing on many a HC thread).

The reasons behind your line of thinking are well founded and make logical sense, especially if one is not into spec stocks on an each way bet.
However from my spec view (and as a LT holder who now possesses rather gnarled and singed fingers), I have decided to take up my entitlement (half the heads qty @ .5C), purely as a 'wishful' bet that in a few years time, the heads will be significantly above 5.5c. (ie. a 20,000 head holding = $50 wager).
As I said, a wishful bet and just happy to be in the play, win or lose!

To be honest, you are more level headed on this one, as the commodity market at present probably should be steered well clear of......but I simply get a buzz out of a small wager against the odds....lol

Good chatting with ya! All the best.