lunchalot...agreed, but as a blue sky play its as easy as it gets.
BECAUSE:
1)DIO pay $3.5 mill for their land, BHP pay (allegedly) $20 mill for the next door blocks...similar size, similar rocks only 6 moths later.
2)This is smack in the middle of nickel heaven and hasn't been worked for 30 years and hasn't had the benefit of modern exploration technology such as EM over the ground.
3)There are not many shares on issue
4)Half the shares issued were free, so the tendancy will be for shareholders to sell far too cheaply if given the chance...thereby making it one of the easiest plays to pick up at bargain pices.
You see, sir Lunchalot, my mantra it to buy cheap sell dear. This stock will give us both of those opportunities within a relatively short space of time, say 6 months. Thats why this is one of the easiest plays around...like taking candy from a kid, you see.
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lunchalot...agreed, but as a blue sky play its as easy as it...
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