winners and losers, page-11

Moneytree,

The 10 better companies you pick with cash flow etc would surely have a different risk/reward ratio than JKA though. The safer a coy (in the vast majority of cases) the less discounted it will be.

You're right though in that it's high risk and if everyone treats it as such, then nobody will be going in blindfolded or have anyone to blame but themselves if exploration is not successful. You can bet your bottom dollar nobody on here will credit HC or the tipsheet if JKA is 60c in March, so let's hope they don't blame those same parties if HW3 isn't commercial and we're back at 12c.