removed from dustbin of regrets

I'd pretty much relegated my holding to a complete writeoff (and significant loss).

However my stockbroker (I use the term loosely as these days he is much more an 'ideas man') has decided to become heavily involved in this company thru the current placement. For the record he is the bloke that has been instrumental in the success of Syrah Resources (SYR).

Even if the gold projects come to naught, in that event I have little doubt he will likely push a great project or two into this company.

Given that he is involved, the placement is likely to be heavily oversubscribed. I've applied for quite a few myself.

Can't say what shortterm performance will be after placement, but if he can replicate the success with Syrah, well could be a real opportunity.

Cdchi1