Good work HJ. Illiquidity is a blessing and a curse IMO....

Good work HJ.

Illiquidity is a blessing and a curse IMO.

Blessing as it allows us schleppers to accumulate on weakness. Also it means we have excellent leverage to explorations success.

Curse at it gaps up all over the place and robs the sp of momentum. Also keeps the 'moths to the flame' traders away which can generate lovely price spikes for long-term holders to get free carried if that is the strategy you employ.

Kentor Gold is a trail-blazer for Chanach and, importantly, will hopefully prove commercial cu/au deposits can be financed despite the political issues.

I reckon if we get some decent nickel hits out of the Aussie portfolio then this will pop up on the radar screens as most deposits are near producing mines.

Personally I like getting illiquid stocks cheap when I know there is a reasonable prospect of newsflow in the next 6-12 months. I like the leverage.

Also, there are short-dated 25c options WCN need to get into the money. I noticed they recently issued the Chanach consultants with options at 25 cps expiring June-2011! Bullish sign to me as these are the blokes who sourced the project. So they believe there is upside from 25c within 9 months from Chanach alone. DYOR, IMO.