hey guys- settle down a bit - clearly u are all caught up in the u fever of the moment.
It is clear that short term traders and day traders are now in this one which provides an immense amount of risk.
I love the prospects of this company- however, the sp of 53c is not warranted. A sp of app 40c would be fair value as i mentioned in previous posts.
This company has not even started to drill, and it appears that no significant shareholders have got in.
I was in a similar company recently- mantra resources where it was clear that Anglo group were absorbing the shares at a rapid rate. This is not happening with EPS.
I really hope u all make a bucket on this one- but for me there are now other companies which are more reasonably priced.
As for Trade for profit- i don't trust him as far as I could kick him- would not be surprised if he is part of a day traders group who manipulate the prices of share companies in hot sectors.
Has trade for profit ever provided a tip prior to a massive spike in a sp- the answer is no.
He is an opportunistic trader who is taking advantage of the ignorant and naiive folk out there who are dreaming of success.
EPS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held