Hi Share 10,
Yes, yesterday was intrinsically detrimental to us all lol.
However if I may borrow some words of wisdom from Stubbo who posted them in March.
Yesterday's action had a lot of relevance to these words for some people.
"The stock market has the ability to transfer wealth from the impatient to the patient"
Yesterday cost me the greater part of $200k, however after an initial gulp I viewed the announcement for what it was - very encouraging.
As Freehold has taken pains to point out, we are bound to have areas of low grade, just as SYR did seeing that we are in the same mineralisation system, with little question.
Frankly, overall, one would not necessarily expect our grades to greatly differ from SYR for that reason, and that would apply to Vanandiun as well.
However, it is not necessary to be Einstein to conclude that the great majority of high grade results are yet to come. The word 'intense' in yesterday's announcement was I believe, significant.
Grades from these areas may well surprise very much to the upside, and I believe the Company may be alluding to that.
Personally I am more than happy with progress to date (hold ups have been disappointing)
but Murphy's law can apply irrespective!
The prognosis is excellent in my opinion and we all should be looking forward to Company Making results of increasing frequency from this point.
In a few weeks yesterday will be a long forgotten glitch as TON evolves into the largest multiple grade graphite resource in the world - and, hard to believe, that will be from Nicanda Hill alone.
Whilst I genuinely sympathise with traders who have lost money they can't replace - I guess traders will be traders and long termers will be long termers - neither position is devoid of risk.
However due diligence has prevailed for a lot of us withTON, and there is still an opportunity for new people to grab a multi bagger even now.
Once again remember Stubbo's words
"the stock market has the ability to transfer wealth from the impatient to the patient"
TON is all about Fundamentals in my opinion !!
Best of Luck
Don
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