RE:RE:RE:That was a long readBlueChipper2020 wrote: "We learned nothing new". Wrong. Even with this PR, you can learn a lot. Take a look at the planned holes going back to the last PR of GS2002 results. Then take a look at the holes they now named including GS2010 and GS2012.
We expect GS2005 is likely to be a strong hole. GS2012 is drilled between 2005 and 2001. It looks like that entire area may be right on target, on the northern boundry of the pit wall.
Looks like they wanted to get something out. I expecte a PR of actual drilling after the election as I guessed a few days ago. I doubt they would have issued this PR with actual results a few days later.
I can understand selling if you have an alternative investment, want to take some profits or even need to make your mortgage payment. However I do not understand why you would sell based on fustration. That is not sound investing disclipline. GLTA
Fair point. Poor choice of words on my end. We learned nothing new on the existing holes**. I just felt as if they were trying to please some of the investors that were on edge with this news release (incl. myself). The point I was trying to get across that we shouldn't be jumping for joy just yet.
Question to all, but mainly directed to Chipper. Your commentary on GSDL2005 is speculation no? Could it also be the fact that it was a weak hole and they're drilling half way to see if they have better luck?
To your last point, this is just a case of cognitive dissonance. I doubt people are actually selling at these prices, but rather just venting to feel better (mentally). I don't know anyone here but if venting on the forum helps you from making an emotional trade, then by all means post away!