HRR 1.69% 5.8¢ heron resources limited

Hey traydor, It isn't important if he gets a company (like Ardea...

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  1. 4,579 Posts.
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    Hey traydor,

    It isn't important if he gets a company (like Ardea ) up and producing.
    A discovery in itself is of value, isn't that what geologists do?

    You seem to forget the costs associated with getting into production, usually left to far bigger players.
    You probably sold yourself short with your free Ardea shares? or can you honestly tell me that you are still holding or that you got a decent price for your ARL holding?

    So even you have witnessed that the company you hold an interest in doesn't need to be in production for the share price to increase by 300 or 400%.

    You said " a bit like real - estate agents do flipping land" well at least that can make you quick money without real risk.

    Wether Ardea produces or not is not important at this stage. It has multi commodities which can make money.
    Heron on the other hand are supposedly heading for production and you have sold out?


    All the best !!
 
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