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LKY

Sometimes a company's share price performance just defies logic, and that's how I feel about Locksley Resources (ASX: LKY)> Don't get me wrong, this is not any sort of price envy, but I remain concerned that this house of cards may collapse.

My advice is that anyone considering investing in these guys do careful research and really understand what any announcement is saying, really saying. Read every word of the announcement so that you are fully informed yourself.

In truth, this is NOT what the market seems to be doing. It is running on hype and if the right words are in the headlines and the summary, then the hype continues on.

There's no way that, in my opinion, LKY should be this highly priced, but it has been much higher and could even get back there again. There is a good chance that any investment in LKY will return a good 25% profit from here, so a clear "sell" point is a must. 25% is a great result and can quickly build available capital.

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