Ann: FY17 Financial Results Highlights, page-14

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nsw004

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22/09/17

16:29

Post #: 27402138
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Originally posted by Dingoheeler ↑

I don't think you'll get too much trolling for thinking that @nsw004 ! There's probably a few here that would accept a 5-10 bagger and be happy with that. I'm thinking way bigger than that, and there'd be a fair few of us in this club. Jesse Livermore won the equivalent of 10s of billions in "today's" money through investing. He also lost it all and jumped out the window of a high rise. To paraphrase him, he distilled the secret of his investing successes was " doing nothing. Just be right and sit tight". All the wheeling n dealing, chopping and changing didn't prove to be profitable at all, and eventually lead to his demise. Be right and sit tight.

I re-watched the SM Brisbane talk again. I sensed the most excitement in his voice was in regards to Weolyu South. " Basically a mountain that's completely altered, with epithermal Quartz veins outcropping at surface and ounce per tonne rock chips." I'm glad to see that he's still excited about Weolyu.

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Dingo, kindly read slowly word by word this fantastic interview by Mr. Miles Thompson of Lara Exploration ( he also sold Reservoir Minerals for USD 500 mil I think ) , he really explains what resource sector investing is all about. Let me know what you think after reading it, it really changed my perspective on resource sector investing,hats off to this guy , huge respect to him .Cheers.

http://sprottglobal.com/thoughts/ar...-interest-on-a-property-that-cost-us-nothing/

SAU Price at posting: 30.0¢ Sentiment: Hold Disclosure: Held
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Ann: FY17 Financial Results Highlights, page-14

Top Stories

Dreadnought achieves 84% indicated resource at Star of Mangaroon

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects