RE: Unbelievable posts today11 Sep 2024 17:22
I think that LONG term this will prove to be a very good investment- the recent developments all make sense for long term success- once again some have been swept along by the belief that production was just round the corner - and hence good profits and a rise in SP -(rather as some have alluded to a few years ago,the belief that the sp would just keep rising when it was 37p (and Greatland wasnt even close to producing ) .I was one of those who failed to appreciate the intricacies of mine development - the retrospectoscope is a great instrument. We have a great gold find ,several other promising sites ,an incredibly capable board and in my view a very competent CEO .WE have been able to develop our potential mine with really quite extraordinary speed -and certainly there have been some difficulties along the way (which should have been expected ).The drop in SP is tough for those that need to sell - for those that can afford to wait may be another year or two ,maybe even longer the rewards will be very good -but there are no guarantees ATB Jonno