re: wrxsti wrong again olympian, page-12

re: i see it keeps dropping Keep pushing them down for me tubs. I cashed out of the mature stuff and specs long time ago waiting for such times. U shld know that. Been tellingyas my strategy openly step by step as we went along. Dont believe in daytrading .....thats for the taxman. Love backing emerging resources stox up to two years in advance for the big bikkies.

Now holding comfortable possies in just 3 emerging golden lovelies, apart from the radiant Ark, from way back and just keep adding during firesales. I have my fair value targets again openly exposed and no need to change unless the background changes ..... and that seems to be following the GORM according to plan so far. U know my 80 / 20 strategy.

But CMR is sacred emerging cashcow for mine now ........ locked them away a year ago and dont even know where Ive got the key. Now they have 100 mill bucks cash in the kitty, three future plants effectively paid for, masters of their own destiny and about to U-JORC the Rum Jungle Uranium Field in a warming U-price backdrop to place them on centre global stage. First U then gold as well for this market IMO.. but some pain first methinks. Holding these for divvies now cos dont expect to see another stock like this in my lifetime. U know, Ark afloat the floodwaters theory tubs. Started accumulating that one at 20c like I started with SBS at 2c originally then 4c more recently.

U just gotta have patience and a little faith ....... so long as u can separate the wheat from the chaff from the start and that takes a lotta years and mucho pain to learn ....... and so long the stock has got the goods to start with and the GORM continues to evolve in its favour. Otherwise u may as well punt at the track instead.

Sounds like u have only experienced a bull market ..... we've only been in a megabull since 1980. Maybe time for a little megabear to bite (?). Thats why IMO u have to stick to emerging opportunities way under fair value now ..... cos they are the ones the big fish will want to take off our hands at a premium.

The ONLY thing I am concerned about with SBS is the Olympianity or lack thereof of its leaders. I dont like geos running a company as a rule cos they have no sense of reality. Shareholders should screw them down for answers and guidance. In Olympian hands reckon SBS would have based at 15 ages ago and looking for next marker buoys at 22 and 33. Maybe SGC just got ahead of itself ........but SGC are now back to where the line was drwan, so maybe getting very close to closing the deal.

Personally am under-"invested" in SBS and waiting to see this closure before fully commit. Its all reward/risk, u should know that by now. And Im just getting a bit conservative in my older age ....... already seen three major bears since POS days.

Personal thoughts only of course. I play it the way I see it for my personal benefit. Combo of all such personal MOs is called DEMOCRACY ta.