cobalt, page-16

As Perspicacity said earlier "At this stage some rock chips (obviously) cannnot be definitive but are nevertheless ... interesting" I'm pretty sure he is not getting carried away, and neither am I.

The nice thing is that we are dreaming on a very safe basis: once we get the mining lease and the financing deal finalized, we will go lots higher on current resources alone. These new finds are just the icing on the cake. Also, there are many gravity highs in the corridor - a few of them should pan out, even if not all do (cf. Zeus).

Personally, I am planning on selling 1/3-1/2 in the 0,70-1,00 area (with maybe a little trading on spikes earlier to increase my position) and keeping the remainder as freebies til full Hera and Nymagee production. By that time, we'll have lots more drilling results in (including our 4 other projects) to know whether it's worth staying in for the long run (which I consider likely).


P.S. I second your point about never putting all the money in one stock - though maybe 700.000 shares is peanuts for Perspicacity ... ;-)