Ann: Monsoon Drilling Update-S2R.AX, page-23

AJ. With stocks like this (exploration), when the price is on the uptick, it's like a herd of sheep, watch them all pile in and talk their books. Often it is typical trading activity, and NOT real investing.

Any sober commentary or negative news (drill holes with little or no gold) and you get shouted down, for daring to disagree. Nothing wrong with taking some profits.

At current price, i think its fair value (for me to Buy in) given where the company is, in its life cycle. Has about $27m in cash.

Base metals angle who knows, because there is not much to go on yet, but according to many on here, apparently exciting.

Gold, it looks like it will take longer than expected.

Pullback's like this allow us to buy back in.

That said, it might trade a bit lower as the overseas investors see this news during there daytimes.

Sorry for typos

LIR