gondwanaland for investors in small cap shares

Today Gondwana sat tight with low volume and price stablility on a day when the market had a fall of significance, the asx 200 materials XMJ fell over 1000 points, it has been some time since a fall of that proportion and gda held its ground with only 24 sales......few sellers and some strategic and opportunistic buyers .......... I am still waiting for a phone call from the company regarding the issues raised in the last couple of days. WB and DB holding all the aces and I'd love to be looking over their shoulder. Frustrating as can be for us all but it's strategic.
Iron ore stocks except for Gondwana took a hit today as did gold stocks. Add in the stalled negotiations with the Chinese over delivered price of Fe and the gold price being near record levels despite the fall in the spot price yesterday makes for increased viability for small cap explorers in the gold and iron ore commodities like Gondwanaland and Flinders. I bought more Flinders yesterday at the bargain basement prices. Today was even better for investors around 9.2 c when the placements are at 10 cents a share. When Flinders did placements 12 months ago the same thing happened, ie, the share price trading below the placement price only to see those who saw the underlying value get in at over sold prices spooked by the placement price, check out the trading data and placement history.
This happens time and time again and those who make the dollars are those who buy in on oversold sp levels. Plenty of them today for capitalised investors.
Fortescue has been a great buy over the last few days,fell heaps today, big falls, buy in at the lower levels and the next day it trades up 50 c plus.....good money to be made for those who have the cash.
There have been some great profits in day trading fmg. Margin calls have forced the sales and the patient have been rewarded. Same goes for Gondwanaland, patience, be prepared , read the evolution of previous news, check out the tenements and sit tight. If some people want 6c over night there will be short term disappointment. The only time a 6 c buy turns into a loss is when a sale goes through at a lower exit.
Don't buy when everyone else is buying, buy when people are selling and sell when people are buying. There are so many issues the company could be updating the market about but it looks like they are going to save it all up for the annual report. I wouldn't be holding it back but DB being in the field is a good sign of preparations for the drill rig they have acquired. The absent news will see some short term players become impatient and sell but at the same time , they can only sell when someone is buying. Wallal Downs in itself has the potential to be a comapny maker for Gondwana. The capital reconstruction is old news and very much factored into the current price. A strategic release of news is good for share holders and company value. Management is fully aware of the need to grow shareholder value and timing is everything if the news is the expected active exploration. The share price is so cheap at current levels that will see long term gains for those who have patience. For those that don't, the loss is only incurred when a sell order is filled. Just like a capital gain, a sale has to occur for there to be a tax payment or a tax loss.
Timing in the market is paramount and rewarding, cheers FS.