Added 1/3 to position last week at about 4.5 cents USD, Isee this as an excellent "risk/reward" play. Not much down side and with meaningfull exploration success it could be a "10 bagger" from herre in my opinion. If we reach 48 cents (USD) I would have a $0.5 million profit, 69 cents (USD) gets me a $ 0.75 million profit. In my mind my downside is around $25k. Again I like the risk/reward play here. Just my opinions. I see gold over $2000 by year end. Those interested might check out Geodrill Limited trading around $1.60 (USD). African and South American mineral driller, making money and selling at low PE with good upside I feel.
I am looking to $3 by year end. Carry on!