spank the monkey re: 50c downside more likley NXS...

spank the monkey re: 50c downside more likley
NXS "investors"/blue sky brigade might glance at the recent experience of those who bought up on STU's apparently "lower risk" arwon project

on 25/10 STU hit $1.39 as the hype peaked, then drilling results were announced. after a series of "sorry about that chief" announcements, STU hit a low of 85c on 1/11 - a handy drop of 40%.

those stuck with a big loss are trying to console themselves by spluttering about the "true value" of STU shares. the "hype" money has pulled out to chase faster moving targets/better things. many, including some of the 'old hands', have been left hurting (lower risk...remember)

at the end of the day longtom and grayling are a punt and no amount of posturing and superficial hype/analysis ("apache is in so it must be a winner" ....etc, etc) will change that

if STU is any example, the current market will punish NXS (.....unlike STU, a non-producer as yet) very harshly in the short term if it duds longtom and/or grayling. right now there are plenty of other places to put ones money and NXS is not even producing yet

no harm in punting....yes, its great sport! bring it on!!!

but lets not pretend NXS is anything more than and lets not slap the salami/spank the monkey etc too much about the consequences if it duds

otherwise, best wishes and hope u make a truck-load on NXS (including me)