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Message: Be careful of sugar plum fairies

I'm hearing big numbers again... sugar plum fairies too... 3 gms, 5 gms per tonne... $5, $8, $10 per share... 40 million tons, 100 million tons...

If these numbers are true (as espoused or dreamed of by some), then why aren't the "fools" (smart investors?) out there in Investorland buying at even the JDM number of 53 cents? Are they blind?

Methinks they don't believe these numbers are true - because they don't have the requisite data to prove them true. They await the same assay data we wait for. And they want the same 43-101. In my feeble mind, personal inferences should not be equated to truths. (But will be... by some.)

Moreover, the moralistic high ground of trumpeting "Go Long" (and forsaking day trading) doesn't cut it either. It can lead to snow blindness, and a rush of lemmings over the ledge. Find an exit point. Stick with it.

(Anybody remember the heady days (i.e., stupid days) of Noront when predictions of $100 per share were trumpeted loud and clear from the NOT bull boards? Jeez, poor old NOT can even struggle to $1!)

Watch those numbers; be careful what you wish for.

Sorry for the lousy metaphors. But I prefer to believe not in sugar plum fairies but in a bunch of hard working men and women professionally going about their business proving up a potentially very valuable gold play.

Snug

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