RE: Looks like we are on the move again...(TA)1 Feb 2022 20:20
Yes I dont watch TV, browsers open always,
Catching up, and like you say high risk reward, so read everything..
Well almost everything, de-rampers getting deleted is annoying as I don't know what they have posted, but so far just baseless prices. Sometimes they are on the money, and can explain why..
Your right if they deliver 30p will be cheap, but at the moment there is no plan for us to see, so we dont know how many prospects are going to be drilled, or size estimates.. last years 11p risked price was based on 3 sites, 25p risked price was based on 4 sites & upgraded CoS, the largest worth 7p.. So 28p was a good price to reach..
Currently surveying in an area north of the original CPR's area which lists/includes most of the 21 prospects/leads, worth a look at, it does show a trend but the seismic data is poor compared to whats being done now, so lots of exploration and news to come.. And I hope its going to be better than expected
Negatively Subtle, thats balance when posters are letting people know they are buying on a spike(6 days old)
Experienced investors will make their own decisions, others will be looking at this BB for some guidance, I ask questions for my own benefit, posting negative stuff is not appreciated..
Whats the stat for new investors 90% lose 90% of their pot in 90 days..