YGL looks remarkably strong in today's sea of carnage .... buy depth is healthy and a worst case scenario would be for YGL to retreat to the key support level of 18c .... and I don't reckon that this "Maginot Line" will be breached on a closing basis ..... unless the current correction transforms into a major crash (very unlikely).
If you are 'gunna' hold a spec, then YGL is the one to hold .... imo.
The recent investor presentation was pretty impressive and my thinking is that YGL could be way above where it is now when they get to drilling those potentially elephantine targets in late 2008.
This is a put away and hold stock with a sell timeframe of +12 mths. away (and therefore reduced C.G.Tax)
So for people such as our: "when is this stock going to explode - Olly" --- just relax and think long term.
The patient will be rewarded ... imo.
YGL
yilgarn gold limited
YGL looks remarkably strong in today's sea of carnage .... buy...
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