Member Info for earthling

as has been discussed a major would make a bid for the whole company, however here I very much doubt NM will want to sell the lot, as his model involves repeating the exploration to sale process.

Obviously, if the price was right it could happen but I imagine NM has quite a price in mind for Alpala /Cascabel alone, let alone the whole company .

For clarifying drilling and assays As I posted yesterday re what will be included and that we will get a resource update this year:-)

the new posters, so boring

but thats my point, some of saw it coming and knew we were undervalued at 20p

As NM is doing to her high grade assays included in estimate, some of which may indeed be mind boggling I think we may well get a revised estimate this year and some of it will obviously be included and some won’t at that stage This is huge and growing all the time but it makes sense to me to put out a revised estimate of where we are up to and what they expect is in the ground that they haven’t yet proved up I’m confident this will initiate the bidding process as then the PEA will confirm the economics The longer it takes the more expensive it will be to buy as value increases which is why it’s too risky IMO to be trading this from here on in I will be topping up in any dips below 30p otherwise I will be holding strong despite the opinions of yesterday’s circus returning to town And Jim if you think this is a buying Opp why on earth weren’t you buying at 20p range instead of slating me in every post for weeks on end when I was doing just that.?

Top up ‘o clock’ for me

for BHP or any other major to be buying on the open market, then I imagine we are getting to levels where they may see it as a buying op.?

I don't think NM is concerned with short term fluctuations, he has his eye on proving as much of this up as he can.

Personally, I hope he doesn't genuinely wish to take Cascabel to production and its all part of his strategy of getting share holders the best price for it in a sale, however the upside would be much bigger gains further down the line, and every major didn't start off as such.

There will be those shouting from the roof tops "I told you so" if we drop on further funding news, however they will be no where to be seen if this doesn't happen, and they certainly won't be back telling us they got it wrong!

Reflecting on decisions with hindsight is easy, anyone can do that!

I am basing my hold on the judgment that we won't get funding news before an updated resource estimate, and more importantly that bids will come in before funding is required.
If I get this wrong so be it, but at least I'm not coming on here with hindsight or even worse being on the sidelines wishing the SP to drop for a cheaper entry, but then not coming on saying
"fair play to you guys, I got it wrong"

An example is those who were full of doom and gloom before the BHP news, not one of the came on and said
"well done guys, I got it wrong", instead they miraculously became holders all of a sudden lol

ok

as you ask if you look at my history you will see which stocks I'm in, Im in profit in all but 1 currently.

I will not be conversing with you again, your tone and name calling is vile tbh

and further more, I found and researched SOLG myself, not down the pub!

at 1p, so who's the cretin now?

Your EGO is off the scale

I can pick several other stocks thank you very much, and I do!

tbh I didn't explain myself very well, obviously, if you sell now and IF it drops then you will have more cash to invest at a higher average.

That wasn't the point I was trying to make.

My point was for those with low averages the risk of HOPING the SP drops is risky IMO, for obvious reasons as one would then have to buy back higher.

It is possible to trade on every rise and drop but tbh it isn't for me and its not easy as it sounds, having the gift of hindsight obviously changes things.

Going by your own reasoning you would be in and out of all your other shares as well, and my point is why do you come back on here at this time advising people to sell? Firstly its not legal to give advice and secondly your reasoning is DEPENDENT ON THE SP DROPPING , which you don't know for sure.

Resorting to name calling just shows the type of person you are

also you may then have 10% more shares but your buy in price is MUCH higher than what you paid if you are in at lower ave, so when it rises you will lose the multi bag option.

Best thing to do is do some calculations based on doing both and see what I mean.

The biggest risk is also if the SP does not drop back and you are sat waiting on the sidelines with some profit hopefully, but with no shares.

yes but what you are both missing is that in the event of further rises from this price you then have a much higher buy in price with the same number of shares IF it drops back.

From that point when it doubles for instance your original investment at the lower buy in price would be worth just as much

Take the example of those with a 20p average, if they sell now they have roughly 50% more cash.

Then you are waiting for a drop, when do you buy back in is the first question, lets say you buy back at 27p for instance, so yes you now have more cash in at 27p but when it gets to say 60p work out the different options and you will see what I am getting at.

also this practice RELIES on the SP dropping, which in itself is not guaranteed.

copper or timber planks? mmmm? lol

the chance of multi bags from here with those of us with low averages or take your advice, sell up, hope for a huge drop and buy back? mmmm? let me think about it?

I suggest you stick to the boards you are investing in or we might pop over there and continue the discussion over on OBT or ECR

exactly! thats delusion if I ever saw it! lol

YOU DON'T GET IT!

For those with low averages selling would mean they lose the baggers when it rises again from these levels.

Selling and buying back as you suggest only makes more money if it drops to the amount we bought at with the funds to buy the same number of shares which costs more money. works out the same only if price drops to price we bought at.
Otherwise when it bags we are in with much higher averages, so you are not as bright as your smugness suggests.

SO why have you come back now?

Why don't you stick to your timber planks over at OBT? lol

I DO UNDERSTAND! What your theory needs is the price to drop to near where we bought at, you are then depending on this drop happening, which isn't guaranteed as you seem to assume!

You were saying the same when we are in the low 20's! which part of this simple concept don't you grasp?

that's not the case unless the SP drops to any where near where we bought in at, which it won't!.

too risky IMO, for those of us with decent averages and expect big gains from here, why would we sell now and have to buy back higher than our original purchases?

Are you in here? I see you're in ECR and OBT, I know where I'd rather have my money right now