Jack Davis- Chamber of Merchants...I like him already....Its a...

Jack Davis- Chamber of Merchants...I like him already....Its a bit of a mixed bag for May. I have increased positions in Ramelius Resources Ltd (AX:RMS), Blackham Resources Ltd (AX:BLK) and Resolute Mining Ltd (AX:RSG) while I exited Northern Star Resources Ltd (AX:NST) completely with some nice gains, only time will tell if its the right decision. I also took a rather large speculative position in Troy Resources Ltd (AX:TRY). The negativity surrounding this company it at extreme levels, and while they are in a tight situation, they are a producing mine with forecast 65-75,000oz in FY18 at a $35m market cap with huge exploration potential. They are being priced for failure, and if they succeed than the upside will be huge. Troy will either be the next RMS/SBM story or it will go broke, a gamble I am willing to take, and with my research I am betting I will be right at about 75%. (NOT INVESTMENT ADVICE – INVEST AT YOUR OWN RISK)