Tadpoles reality check17 Nov 2020 20:27
In order for a spring to bounce it must first be compressed.
The compression here is being provided by Market Makers (Manipulators as refer to them)
As Tadpole predicted as soon as we hit 3.7 the price will fall like a stone, but that fall will be short lived, from here on in there will be more blue days than red up until spud. Following spud we will drop like a stone again because a lot of people will take 5-6p, IMO short sighted but it is the nature of the game.
Those who don't mind a gamble and await drill results will either make a loss or hit the jackpot.
Make no mistake IF BPC make a big strike on P1 it will be a farm in with a major, and you will not be able to BUY after that for less than 20p
And IF there is a big strike on P1 there remains $100 million in licences over the next 12 years in the Bahamas which could be a millionaire maker even for a reasonably small holding.
The SP is going to be up and down like a fiddlers elbow in the coming days, keep your nerve because there are those relying on you not doing so.
Sound rampy ? Quite the opposite I say let them have their way, I can get more cheaper.