4CE 6.25% 1.5¢ force commodities limited

Ann: Kanuka Lithium Project - Update, page-417

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  1. 661 Posts.
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    alright I'll weigh in as I've seen quite enough dribble.

    if I was boardo/1620 capital and I had a bit of knowledge about the drill campaign


    case 1: he has knowledge of bad results

    a) tell everybody they're terrible via twitter dartboard metaphor and crater his holdings and sell off at a lower value.

    or

    b) spruik how great the visuals looked maybe a dartboard with one in the bulleye. trigger a small run and sell into it.

    case 2: he has knowledge of good results

    a) upload metaphoric dart board as done and crater his holdings. only in an attempt to soak up a bunch more.

    b) spruik how great they all are sending the price higher.


    out of the 4 outcomes only 2 are now possible given his twitter feed.

    case 1a seems completely illogical. and the blokes not an idiot.

    would have known full well the augers mean * all aside from mapping out the rough peg to optimise the rc drill locations.
    would have also known the morons reading the announcement would panic seeing 0.02% lith content.
    would have also known that the drill area (despite what rc results come back for it) isn't really the crown jewel in the program, more of a nicety.

    anyone who has any clue about how a drIll program runs would know that the augers effectively mean sweet fa in terms of quantifying the likely size and grade of resources, let alone exposed weathered lithium deposits.

    I've bought and sold 4ce for a while since the 2's but I've always had some in the portfolio. my average was 4.1c but have managed to drag it down to low 3's.

    rc and dd will determine whether this ends up at 1c or 10c in the next 2 months. not too concerned who is or isnt buying. only matters if I'm right, and the market catches up to me afterward. that's how you make coin. staying ahead of the market.

    SF2TH
 
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