gamble, thanks for elaborating on what you meant.
I guess I thought you were a bit out of line too, particularly when you said "remember if IDC had the same resource as Porgera then it would trade over $10 so the way i now see it is it doesn't have to be as big to create huge leverage even 1/5 1/3 or 1/2 the size would do for me so just remember that"
If you were to apply your complaint about my post to yourself, then your reference to a SP of $10 could be called ramping, because undoubtedly there are some who contemplate that Mt.Kare is a repeat of Porgera.
In your own words you say that there are high expectations about the Mt.Kare resource, so may I humbly put to you that we are both guilty of the "crime" of ramping!
What I do think is that IDC holders, (and all retail holders of precious metals specs with good prospects), are a rare breed. There's us, the believers, and the institutions/funds. I think that anything we say or do about our stocks is completely irrelevant, because we can't move the volumes that the funds can, either on or off market.
For all that the rest of the stock market cares, we might as well be trading on the moon. There is no connect between the current stockmarket boom and the market in "specs". This is what I think is so un-nerving, and I confess I didn't expect it to be so severe.
23.
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