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When the boards look all red it' s the psycological 'everyone's selling' emotion it can create, for many that can spook them and bring emotion into what should be a rational decision. If you know a stack of those 'sells' are 'buys' then you want to hi-lite it.
We each do what feels right to us and our logic @Getrichslowly, I topped up yesterday and averaged my pot down to 0.753p now. I'm quite happy with that. You never know when an RNS is going to land, we didn't dip below .5 at the start of the week like many were absolutely factual was going to happen. I could have got a smidge lower than my .57p I bought at yesterday if I'd waited until today.
I base my decisions on what's factually in front of me and have what I wanted! At the end of the day we're talking hundredths of a penny when in a few months we're hopefully going to be many many times higher than today. Good luck with your plans, if they pull off and do better than I did then hats off to you sir! This, to me, is just a great opportunity to average down, get a bigger boat for the ride and buckle up! I've got a plenty big enough holding here now at what feels to me like a great price
GLA aliens!
posted when I was half way through then. I was saying my ears pricked up at the 'taking to North America market' part early on, going to interesting watching this develop over the coming months.
Have to wonder at the timing of doing an interview after us all having a right moan about no interviews yet on the last post. But all the same, great to finally hear his thoughts and confirm his priorities and direction.
All happy here, glad I topped up a bit yesterday, very much buckled in for the long ride ahead!
Now back to the day job for a bit
GLA
Questions are invited for Paul before the q&a on Thursday eve with Share Talk
https://twitter.com/Share_Talk/status/1569664109330968577?t=Z4IHi1Qz2BeVmyZr0MbNXw&s=35
Good opportunity to ask what you want
I',d like to think 1p is a comfortable target in Q4 given the imminent news flow. We had a fair bit of resistance at 1p last time.
Personally, I'm holding long for a high 3p before I take my stake and some profit. DSO might do that but I think it'll more likely be a munni munni drill result or JV to get us there.
Anything beyond that is a huge bonus and will bring semi retirement forward. Hedging my bets between here and POW for a x? Bagger with similar holdings.... Let's see what WE brings us!
Looking forward to hearing about the tailings pile from the old cherished hope mine at Tati. No definitive figure yet as to how big the fines pile is in tons, before knowing the gold content. PJ has previously quoted that there is a processing plant nearby that could extract if commercially viable. Might need gold to get back up to the 1900 mark to maximise its potential. Gold bouncing off a 1700 support at the moment
In my mind, the next +ve news will see us test and hopefully break this 1.7 ceiling we keep banging our head on. Hopefully cleared out all the auto sell orders from traders at that level. Drills actually turning at T 1.6 could be god enough news to do it
If anyone is going to kickstart a green revolution... Charles III
Now can't we leave this subject a respectful distance for a day or 2 at least, The man just lost his mother 24hours ago, our head of state, the only Monarch we've ever known unless you're over 70...jeez, bit of respect please FFS!!!