albeit - 2.8c is significant level and support so if it gets taken down you may get your fill you patient bugga- we have a bit of time to accumulate more around these levels before next drill campaign
Drifting in my direction Schumi, might just ease the quantity up a bit, 300k might be a little light
Clearasmud - your welcome - ive managed to pick this one perfectly and now 120% return on this one in less than a month so very happy - couple of catalysts saw this being re-rated by market which is what i was waiting for - we may see a capital raising soon which makes sense as they WILL be spending more money on drilling programmes and scoping studies - so higher share price and i would expect a CR around 3.5c-4c range maybe on the cards
which should underpn shareprice - they may even do a private placement to sophisticated investors once the next drilling phaze is done and dusted and as they reported mid to end august we should get next batch results - excellent stuff
All the best GLTA
Last edited by SCHUMACHER; 22-07-2016 at 02:17 PM.
\"if women didn,t exist , all the money in the world would mean nothing\" Aristotle Anasis.
\"The trend is your friend\"
\"A mans reach should always extend beyond his grasp" J.F Kennedy
There will still be more opportunities to buy RNU in the future B.H.
I bought 2 parcels at 1.8-1.9c then went in harder earlier this week after reading Schumacher's super bullish rantings but I was also waiting for 2.6c.
What amazed me about SYR was that it went from about 11c to $2.60 in about 7 months in 2012.
Yerrp I'm contentedly holding at the moment, my theory is "if I was happy to buy a head I should also be happy to hold an option" and as there is more leverage in the options that is the way I have gone, sold some profits from SPK to pay for them so really just juggling the furniture.
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