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Re: 1kgwxman post# 70132

Tuesday, 09/19/2017 1:50:53 PM

Tuesday, September 19, 2017 1:50:53 PM

Post# of 72901
Correct on all counts. Thank Bob, 'He da man!' We know there's Antimony in Fencemaker. It's all down to basic economics as to whether or not it's economical to get it out. It's a Catch 22 issue: It's there, but is it top quality and sufficient to make it worth mining? Nobody really know's until they have another crack at it. If they do, will they be wasting money? That's the risk. If it's very good and a success, then it's high $$$ rewards all round, if not well...bad luck. It's learning to be patient.

I waited 10 long years to lose $5-6k. The company I am in has now delisted pending an RTO and shares/trading are suspended. It may work, it may fail, but they claim they will re-list again in due course, so I wait. This is why I never buy Penny shares any more. The risk is far to high. Losses are more likely than gains.

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