I decided to get in at 5c because of these simple facts;
They have only stepped 25m along strike from the old holes, which cashedup reminds us of constantly(very technical to add up by the way) although the Gonzales Fault should come into play at some point.
They are set to drill 9000m, which is significant in my opinion and equates to maybe 50 holes. They are sure to find all sorts of interesting stuff be it good or bad.
If they start drilling duds they are not going to rush and announce this to the asx, so a phone call here and there to the company, throughout the program may be worthwhile to gain any indication of how far they have drilled.
If it doesn't come off, as Davo suggested I have tight stop losses. If it does, well.......... Goodluck to those who actually have the intestinal fortitude to have a crack at this one.
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I decided to get in at 5c because of these simple facts;They...
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