MPJ 0.00% 0.0¢ mining projects group limited

Nickel to rebound, page-61

  1. 118 Posts.
    Of course, there is every chance that what you say is true - as the volume break out yesterday would be a sign for traders to jump on today.

    But the fact remains as this: today, you could buy options at 0.002 - effectively the cheapest one will be able to buy the options at, based on the stage the company is at with their appointment of even more world renowned geologists and the smoke signals they are presenting in their announcements.

    Therefore, for one educated such as myself in the market, it's a fairly educated punt that 0.002 will not be on offer for much longer, so one hedges their bets, makes an educated and informed gamble, and buys up as much as they are comfortable with.

    I am personally comfortable with my holding in the options today, and will be delighted when the price runs and the late comers decide to ride the trend.

    Good luck everyone, I would rather be in than out of this one.
 
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