1.4 nearly gone....... I think there will be a battle to...

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mattyedw

2,649 Posts.

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19/04/18

15:32

Post #: 32561554
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Originally posted by mattyedw ↑

Again roostar hat off for being civilised.

We all have different strategies for parting with hard earned and I respect everyone's, I look firstly at the quality of the management and past history, secondly the project, in this case management had poor prior form IMO but the project(going back 2 years) had potential so I done my research

Skipping two years the stock has retraced 50% plus and my research payed of(I have traded adv a few times purely on TA)

I don't believe the project is any better shape, in fact it's worse off because they have proven not to be up to the job, we can all interpret the audio in different ways and IMHO the whole recording sounds desperate this together with the LSI being activated and ready to go instead of waiting for the tonnage doesn't bode well with me...

However the value is 50% less so having a stab now means less downside to those that chose to stab 2 years ago, but I can only see more down turn short term and a good entry with fair upside is still way off..

Nothing of substance to go on in the short term and even brads visit next month with Avq's Geo will take some planning and if they don't hit anything of magnitude on their first planned drill together then I would be more worried.

Your reasons for investing are valid and I praise your opinion, I on the other hand don't believe the Bod are upto it but even more a sandpit mine IMHO with such spaced out source will never get off the ground

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1.4 nearly gone.......

I think there will be a battle to scramble out at 1.3c with at least 6-8 weeks before even a drill site target will be confirmed.....

ADV Price at posting: 1.4¢ Sentiment: None Disclosure: Not Held
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Last 13.0¢		Change 0.000(0.00%)		Mkt cap ! $8.439M

Open	High	Low	Value	Volume
13.0¢	13.0¢	13.0¢	$8	58

Buyers (Bids)

No.	Vol.	Price($)
1	26918	13.0¢

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Price($)	Vol.	No.
14.0¢	71428	1

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No.	Vol.	Price($)
3	3201255	0.003
21	33473529	0.002
10	17528549	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	12395196	16
0.005	6855445	11
0.006	6847500	13
0.007	3792287	8
0.008	6107932	8

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1.4 nearly gone....... I think there will be a battle to...

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