I'm in, page-34

Just saw JandJ post, my advice stay away from crap like PLS, by the time a share is gathering thousands of posts like PLS it's already way too high risk the easy money is gone, when PLS was running riot last year they announced a $709mill NPV with an $800mill cap.

I was begging people to pay attention to a different share BKY it was running a $100mill cap at the time with a $699mill NPV, no hype no nothing still not much hype today, investing in PLS would have lost you money, investing in BKY I am near up 100% on a super low risk investment.

Look at who holes PLS it's mainly retailers, BKY majority is held by Van eck/RCF/sprott/Macquarie/high net wealth individuals a who's who of the investing world.

Take out the hype the emotion it's all just numbers, just do the numbers and it's easy to avoid companies like PLS, I avoid popular companies like the plague easiest way to lose a bunch of money is following the heard.

So yes existing discoveries are out there they are undervalued you just have to run the numbers and find them.

To your other question big discoveries do happen all the time look at this year KDR major discovery could have ridden that from 6 cents to 60 cents easily, ESR is looking like possibly the next big lithium discovery just got to pay attention.

See goldies like OKU recently with it's great auger sampling over a huge area right next to probably the best asx gold discovery of the past 10 years, they even had visible gold in the auger sampling what happened the share price nearly halved on the report of visible gold in an auger hole stupid/crazy.

Discoveries are being made question is are you finding them before they find you??

ICG could also be a big deal in 2017 when you look at the geology the sampling, I think it's very likely they have a high grade high tonnage near surface and something much bigger below.

You just have to pay attention with ICG the historical sampling came out in May last year it's improved since then but realistically, if you were looking hard enough it was pretty obvious back then at least to me anyway, not to anyone else it seemed, but it was there.

Few other plays on the asx right now are looking good to me I see two in particular only $3mill and $6mill caps yet to become popular they are out there.