but weather it is fast enough for some people I dont know.
This statement is why I try to be realistic about what I write here. As I wrote a few days ago, I think it will be between 4-8 wks before we get some real production figures (could be wrong) on what has already been extracted.
If that is the case people will get nervous and start selling off on lack of news. I myself won't mind that, being the greedy bastard I am I will see it as a chance to buy shares much cheaper than they are now and will be positioned for it if it happens. :)
I have a limited understanding of mining, but I have ran more than a few large construction projects, and understand what it takes to bring them in on time and under budget. I take that knowledge obtained through yrs of work, in an area with well established infurstructure in place and apply it to an area which is to say the least a little more primitive than most here can imagine and just try to be realistic about my expectations.
I have gotten the impression some here think this is going to start paying off sooner than later, I think this is a long term play (for a penny stock) of at least 4-6 months before the pps really moves north. As long as the region stays stable, this should be a very profitable investment.
Which is why the chart, the moving average and all the other technicals mentioned in regards to the stock chart mean nothing to me for this stock. What happens with the price will depend on what happens in Africa.
