renes - the downside is if the drilling comes back negative,...

renes - the downside is if the drilling comes back negative, everybody will be rushing for the exit. The share price will plummet back to 0.1c/share, and it will be very difficult to find a buyer.

This is, as others have observed, an "all or nothing" gambit: either we strike it rich (ten fold return or more), or we'll lose everything we've put into the stock (unless we're very lucky with the timing when we get out.)

I'm not expecting serious price moves until the drilling results are in. Maybe a few nibbles at 0.4c/share, once the 0.3 offers are taken up, but there's a fair amount of resistance at that level; I don't see it pushing up to 0.5c in a hurry.

Once the drilling is finished, the samples have to be analysed; it's that analysis report that will be the catalyst for either the share price tanking to 0.1c, or soaring to 1c and above. For the record, I don't expect to see it moving much past 1c until finance is in place and construction of the mine is underway. That's probably six months to a year away, at a guess, although the short term returns upon release of analysis will be significant in themselves (though positive or negative is yet to be determined.)

DYOR; don't invest any money you can't afford to lose; and above all, don't take anything I've said as gospel. Keep a level head about you, or you'll make decisions you'll probably regret later. Don't forget that this IS a gamble; it looks good so far, but one bad roll of the dice can result in everything going sour very quickly.