heading back up, page-7

picked some up in the low $1 range. At these prices its just too damn good, given that its got a JORC, near BHP, and BHP rail runs adjacent to its tenement.

Its one of the more 'advanced' projects compared to alot of the speccies out there whom have a heap of question marks surrounding them and are trading on MOMENTUM od IO being the hot sector.

this one my friends, will be one of the few that actually ends up producing.

mark my words

and if it produces, just run the figures on EPS with a $100USD IO price.

Share would be worth circa $4+

So theres much more upside than downside here. Whats the downside?? 80-90c??? Upside is next stop $1.80-$2.00 range IMO.

By the time the price of IO is set in the next few weeks, thisll re-test the highs and break it if the IO price negotiated is greater than 25% which the markets factoring in atm.

Its a good short-term-mid-term trade if anything at this price given that it was circa 60% higher at $1.60 a few weeks ago!

Im holding long-term tho. Coz I bleieve itll be one of the FEW whom actually ends up producing

mark my words.