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GES

Genesis Resources (ASX: GES) shows why you have to keep your eye on the ball. Have a look at their chart. Yes, they are still at 0.6 cents (the same as when we last looked in April), but go back a little. Yep, they spike hard.

If you are game, now is a good time to get in as drilling is about to get underway, with assay results to follow. There could be a quick 50% gain here. But recent history shows that if you miss the spike you will have to wait some time for the next one.

These spikes are hard to predict as management are not inclined to put much information out to the market. If it were me (and it won't be) I would preset a sell price and then set and forget.

Good luck for those who dare to tread here.

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