Woodlark gold, page-10

Hi Barny and Rhama , I would like to answer both in a single reply

I am a fairly good chartist. GPR LT charts are very good, the share price has almost bottomed out, but time wise correction of a few months is still left out. I think the SP bull run will start in Q1 when we can expect ann on resources / reserves at Woodlark.

The major plus point of GPR is that these guys are known mine builders, they are not going to sell this co for a song to a shark from Canada. So when the PM bull run is really on , this will be an ideal scrip to be sitting in.

I subscribe to some leading analysts. Still pain is left in PM, gold should bottom around USD 1150 - 1200 and silver around USD 15.00 - 15.50 , time of bottom end Dec 2017 /early Jan 2018 , this may get postponed by a month or two at the most.

We will be definitely looking at gold at USD 1600 levels by August /Sept 2018.Beyond that we have to assess at that time.There is a possibility of hitting USD 1800 by 2018 Dec also.

For investors in GPR it will pay to sit inside till 2020 and see where this goes. Conservatively a ten bagger , may be more but would not like to be too bullish.

Guys like Barny can average right now, but should not mind a 10 percent drop from here for a short period.I bought at 2.60 two days ago, wrote in this board also.
I will be looking to add more on downsides upto end Dec. The market maker is a smart guy working to his plan till end 2017, lol.

My investments are mostly in TSX / NYSE with not many bets in ASX , I consider GPR a good bet in the ASX space but a very slow runner, it is ok with me. My time fram of my holdings is 2020 atleast.

All my investments are only in PM and base metals exploration plays ( not miners ) , I am a big time risk taker and so far it has worked, I hold about 50 scrips totally , no scrip more than 4 percent weightage , mostly around 1.50 - 2.0 percent weightage

This way even if five or six scrips go to zero, I do not lose my sleep. All scrips are carefully selected and averaged if they drop provided money is available.