papertigger, page-3

It all seems a very long road to me........but having said that the company is only worth 15m so the downside seems limited to me with massive upside if they get it right. would still like to see the potash come off though. Any aign that this is out the door and this will be back at 18 cents not 28 IMO. The coal obviously boosted this thing as coal is very much in favour. but the company cant keep chasing "possible" projects without starting to progress one further. BUT.......potential large scale coal project, potential large scale potash project and a 30% holding of a potentially large Iron Ore project. Even if only one comes off then this will be massively higher than where it is currently trading. Only downside to that is that there would likely have to be some pretty chunky cap raisings i suspect. I hold for now as any follow up positive news will likely have this getting another leg up to those old highs i suspect....Also I agree with the technical view - that is a pullback to 28/29 cents. That would get the momentum back into the range and allow for another oush higher.