Timely views Why did MEO/CUE/MOG call that well "ArteMIS" (should have called it ArteHIT" or perhaps even "ArteMEGAHIT" I had some MOG as I believed that MOG had best leverage in that drill, so not good to see it hammered to yesterday's extent I suspected it might fall 50% not 67%
With PEP11, got a few MMR & MMRO due to Pooled Development Fund status BUT for me, reckon GBA offers best upside potential if drill(s) successful, hence most of my PEP11 exposure is in GBA.
The subject line RISK vs REWARD is what this is all about, and if can handle risk then people ought to stick with blue chip industrials. But if prepared to take the risk then might as well take the risk that offers greatest reward.
I had some BUY bit over a year ago (luckily in at sub 10c & exit at 16.5c & 17c) but perceived BUY as being the more mediocere stock of the PEP11 plays so got into GBA for greater RISK v REWARD
Now its time to take the bull by the horns & hold on for the ride of a lifetime (over next 25 or 30 days)
GBA Price at posting:
70.0¢ Sentiment: Hold Disclosure: Held