RE: Honesty19 Dec 2017 06:14
Good morning blade. I dont really think it is all about sharktooth, although if that does come out at the higher end of what we all hope we will all be delighted! For me all 3 current drills are interesting and if we get 2 out of 3 it will be great. M4 is somewhere they have wanted to start drilling for years but they did not have the money. M2 is almost the final step towards having the resource there formalised. Also DF has said in the recent podcast the JORC resouce should be over 20 after M4 which is nearly complete so initial signs must be positive.
In terms of my other investments this is one of a portfolio and I dont see me loosing the lot. I would not habe bought this size if that was my view. Worst case scenario for me, it will be unpleasant but affordable! I wont say what else I hold as I dont want to be accused of promoting other stocks as people get annoyed about that, other than its a spread between different sectors and aldo investment types (not all shares / aim shares).
When I gamble I do it for fun via horses (once or twice a year) and when I take real short term punts on shares I do it via spread bets (again a few times a year).
Kindest, Andrew