GREY:PGDIF - Post by User
Post by
xDeBeerson May 09, 2014 9:35pm
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Post# 22546599
For those who want to make a quick buck.
For those who want to make a quick buck.The target in area B will be proven to be a kimberlite. Evidence is mounting because they removed it from a slide of "potential" kimberlite targets. I suspect they are preparing a news release now.
The scenarios are:
A. It is a kimberlite and you make 0-25% having bought at ~40c
B. It is not a kimberlite so there is no news and the share price stays at 40c.
Seems like the risk reward is pretty good on this. The trick will be to sell before Dundee steps in and sells it back down to 40c again.