re: caz merely a gamble not an investment I agree it is a gamble...

re: caz merely a gamble not an investment I agree it is a gamble = speculative. However I feel the odds are very good and in my favour. I am happy to be holding a modest parcel of 3,000 CAZO bought at $1.055 and 1,000 CAZ bought earlier at $1.60.

I am currently looking to buy 5,000 more CAZO if/when it falls to 86c.

I expect the probability is about 90% that CAZ will get their ground confirmed and the price will rise to $3 or more subsequently. Triple my money for a 10% risk - good odds. Worst outcome is CAZ falls back to 40c on an award to RIO.

Be wary though - CAZ will flap about a lot over the summer as we wait for the decision and weak hands let go. But these will be buying opportunities.