The last thread degenerated terribly, but the company is still looking interesting. Did everyone hold up to the announcement this week? And are you still holding? There was some VERY strange trading action before and after the announcement which has left it flat. I personally will still be holding.
If they hit paydirt at Zola it will go ballistic, there is some massive peg swarms there. Don't hold but am looking at getting in over the next week or so.
The potential for gains on Explorers is always seductive, however when mid tier producers are giving 40-50% growth in 3 months and developers growing 50-70% why would you risk your money just sitting there. It's a question worth thinking about.
Yeah I get that SS, but with a bit of selection and sleuthing, an explorer can go from zero to hero and get 500-1000% in the same timeframe. Worth a punt at least.
Old geo science report on the Zola deposit, formerly known as The Lost Chinaman prospect, page 2 has some nice info describing a several hundred meter long by 100 meter wide pegmatite outcrop. CXO currently has an application pending here. http://geoscience.nt.gov.au/gemis/ntgsjspui/bitstream/1/72519/1/CR19930628.pdf
Bought some options on thursday last week and if i had them sold at their high today i would have doubled my money in 4 days. Options expire in August and one shouldnt hold these for too long
Mate Lithium is the never was and sure as Hell isn't now. The fact you've made 120% since Friday is obviously an illusion. Pull yourself together son.