Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: Re: noise while waiting
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Feb 05, 2010 10:46AM

The smallcap investor article isn't necessarily bearish, the guy is simply saying he doesn't invest in companies that have yet to turn a profit.

The tradingmarkets article is talking about technical indicators. I personally don't believe that technical indicators are worth a cup of fart when you're dealing with an exploration stage company, especially one that is not traded on a major exchange. There are too many x-factors that can effect price.

If things go as we think they will vis-a-vis the JORC/Wengfu/DSO Production then this stock will be worth 3 dollars by year end. I am a buyer again under 1.10 and will continue to buy until I reach my 100,000 share goal unless we here some bad news.

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