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Agree with MR's analysis - there does appear to be something going on. My position is relatively large (for me!) averaged at 24c. So have made good money to date. But - and it's a but - if the next results can define deposits over 700Mt, then we are talking big league. TO me the real issue is are they going to try to develop it themselves, or are they going to attract a large predator? Either way, the SP has to rise IMHO. I am happily sitting while the SP sits in the 47-53 range and believe it must go up, the $64M questions are of course, when and by how much??

Need patience - SP holding in a decent range, no sign of breakouts yet. Looking at increasing holdings but probably won't do so until either vol's increase or SP starts to move breaking out to the north. Have said that all before here so it's not new.

Have a couple of other contacts who also own SDL and they are far more bullish than I. For what it's worth (close to zero), one is staking a large fortune on it rising strongly over 6 months (dollar-ish) and going much further over the following 12mths (few dollars-ish).

Peakey - any other thoughts to add????

<blockquote data-quote="golfmos123" data-source="post: 180569" data-attributes="member: 9738">Agree with MR&#039;s analysis - there does appear to be something going on.&nbsp; My position is relatively large (for me!) averaged at 24c.&nbsp; So have made good money to date.&nbsp; But - and it&#039;s a but - if the next results can define deposits over 700Mt, then we are talking big league.&nbsp; TO me the real issue is are they going to try to develop it themselves, or are they going to attract a large predator?&nbsp; Either way, the SP has to rise IMHO.&nbsp; I am happily sitting while the SP sits in the 47-53 range and believe it must go up, the $64M questions are of course, when and by how much??Need patience - SP holding in a decent range, no sign of breakouts yet.&nbsp; Looking at increasing holdings but probably won&#039;t do so until either vol&#039;s increase or SP starts to move breaking out to the north.&nbsp; Have said that all before here so it&#039;s not new.Have a couple of other contacts who also own SDL and they are far more bullish than I.&nbsp; For what it&#039;s worth (close to zero), one is staking a large fortune on it rising strongly over 6 months (dollar-ish) and going much further over the following 12mths (few dollars-ish).Peakey - any other thoughts to add????<img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite9" alt=":eek:" title="Eek!&nbsp; &nbsp; :eek:" loading="lazy" data-shortname=":eek:" /><img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite9" alt=":eek:" title="Eek!&nbsp; &nbsp; :eek:" loading="lazy" data-shortname=":eek:" /></blockquote>

[QUOTE="golfmos123, post: 180569, member: 9738"] Agree with MR's analysis - there does appear to be something going on. My position is relatively large (for me!) averaged at 24c. So have made good money to date. But - and it's a but - if the next results can define deposits over 700Mt, then we are talking big league. TO me the real issue is are they going to try to develop it themselves, or are they going to attract a large predator? Either way, the SP has to rise IMHO. I am happily sitting while the SP sits in the 47-53 range and believe it must go up, the $64M questions are of course, when and by how much?? Need patience - SP holding in a decent range, no sign of breakouts yet. Looking at increasing holdings but probably won't do so until either vol's increase or SP starts to move breaking out to the north. Have said that all before here so it's not new. Have a couple of other contacts who also own SDL and they are far more bullish than I. For what it's worth (close to zero), one is staking a large fortune on it rising strongly over 6 months (dollar-ish) and going much further over the following 12mths (few dollars-ish). Peakey - any other thoughts to add???? :eek::eek: [/QUOTE]

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